https://www.taxtmi.com/caselaws?id=262998 The appeals filed by the assessee were dismissed, and the appeals filed by the Revenue were partly allowed for statistical purposes. The Tribunal upheld the disallowance of network support service charges due to non-deduction of TDS before the due date, restricted the depreciation rate on software to 50%, disallowed amounts outstanding in the name of sundry creditors under section 41(1), treated expenditure for obtaining linear agency business as capital expenditure, remitted the deletion of addition under section 40(a)(ia) for fresh consideration, and remitted the issue of contributions to the group gratuity fund for verification. The Tribunal allowed the claim for the amount written off as bad debt, emphasizing the need for the Assessing Officer to examine the nature of expenditure under section 37. en-us Fri, 06 Mar 2015 00:00:00 +0530 Fri, 21 Aug 2015 10:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262998 The appeals filed by the assessee were dismissed, and the appeals filed by the Revenue were partly allowed for statistical purposes. The Tribunal upheld the disallowance of network support service charges due to non-deduction of TDS before the due date, restricted the depreciation rate on software to 50%, disallowed amounts outstanding in the name of sundry creditors under section 41(1), treated expenditure for obtaining linear agency business as capital expenditure, remitted the deletion of addition under section 40(a)(ia) for fresh consideration, and remitted the issue of contributions to the group gratuity fund for verification. The Tribunal allowed the claim for the amount written off as bad debt, emphasizing the need for the Assessing Officer to examine the nature of expenditure under section 37. Case-Laws Income Tax Fri, 06 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262998