https://www.taxtmi.com/caselaws?id=263341 Depreciation on capitalised software cost cannot be disallowed under section 40(a)(i) merely because tax was not deducted at source on payment to a non-resident supplier. The provision disallows otherwise allowable business expenditure claimed under sections 30 to 38, whereas depreciation is a statutory allowance under section 32 on an asset owned and used for business, not a revenue outgoing. Failure to deduct tax may still trigger TDS consequences, including proceedings under section 201, but it does not convert capitalised software cost into disallowable expenditure for section 40(a)(i) purposes. en-us Fri, 26 Jun 2015 00:00:00 +0530 Mon, 31 Aug 2015 13:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263341 Depreciation on capitalised software cost cannot be disallowed under section 40(a)(i) merely because tax was not deducted at source on payment to a non-resident supplier. The provision disallows otherwise allowable business expenditure claimed under sections 30 to 38, whereas depreciation is a statutory allowance under section 32 on an asset owned and used for business, not a revenue outgoing. Failure to deduct tax may still trigger TDS consequences, including proceedings under section 201, but it does not convert capitalised software cost into disallowable expenditure for section 40(a)(i) purposes. Case-Laws Income Tax Fri, 26 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263341