https://www.taxtmi.com/caselaws?id=260999 The ITAT Delhi allowed the appeal, overturning the CIT(A)'s decision to disallow expenditure on development charges as capital expenditure. The ITAT held that the expenses were revenue in nature as they did not result in enduring capital advantage, based on the continuous and routine nature of the testing process. The ITAT directed the Assessing Officer to delete the disallowance of Rs. 18,731,381, emphasizing that the development expenses did not lead to lasting capital benefits. en-us Fri, 27 Mar 2015 00:00:00 +0530 Tue, 30 Jun 2015 06:42:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260999 The ITAT Delhi allowed the appeal, overturning the CIT(A)'s decision to disallow expenditure on development charges as capital expenditure. The ITAT held that the expenses were revenue in nature as they did not result in enduring capital advantage, based on the continuous and routine nature of the testing process. The ITAT directed the Assessing Officer to delete the disallowance of Rs. 18,731,381, emphasizing that the development expenses did not lead to lasting capital benefits. Case-Laws Income Tax Fri, 27 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260999