https://www.taxtmi.com/caselaws?id=260601 The Tribunal allowed the assessee's appeal on all grounds, recognizing the expenses on software purchase as revenue expenditure, allowing the bad debts written off, restricting disallowance under Section 14A, and allowing the deferred revenue expenditure and provision for foreign exchange loss. The Revenue's appeal was dismissed. en-us Wed, 10 Jun 2015 00:00:00 +0530 Wed, 17 Jun 2015 12:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260601 The Tribunal allowed the assessee's appeal on all grounds, recognizing the expenses on software purchase as revenue expenditure, allowing the bad debts written off, restricting disallowance under Section 14A, and allowing the deferred revenue expenditure and provision for foreign exchange loss. The Revenue's appeal was dismissed. Case-Laws Income Tax Wed, 10 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260601