https://www.taxtmi.com/caselaws?id=260470 The ITAT partly allowed the appeal, remitting specific issues back to the AO for fresh examination, while upholding disallowances on certain expenditures such as software purchase, repairs and maintenance, depreciation on plant & machinery, subscription fees, and miscellaneous expenses. The ITAT directed the AO to apply specific tests for determining capital versus revenue expenditure and emphasized the need for supporting evidence for expenses claimed. en-us Fri, 15 May 2015 00:00:00 +0530 Tue, 18 Aug 2015 16:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260470 The ITAT partly allowed the appeal, remitting specific issues back to the AO for fresh examination, while upholding disallowances on certain expenditures such as software purchase, repairs and maintenance, depreciation on plant & machinery, subscription fees, and miscellaneous expenses. The ITAT directed the AO to apply specific tests for determining capital versus revenue expenditure and emphasized the need for supporting evidence for expenses claimed. Case-Laws Income Tax Fri, 15 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260470