https://www.taxtmi.com/caselaws?id=267259 The Tribunal ruled in favor of the assessee on both issues. The payments for the use of Vision Plus software were treated as revenue expenditure, deductible under Section 37 of the Act. Additionally, the Tribunal upheld the allowance of 60% depreciation on printers, switches, networking equipment, batteries, and pen drives, as these were considered integral parts of the computer system. The appeal of the assessee was allowed, and the appeal of the Revenue was dismissed. en-us Fri, 16 Oct 2015 00:00:00 +0530 Tue, 29 Dec 2015 16:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267259 The Tribunal ruled in favor of the assessee on both issues. The payments for the use of Vision Plus software were treated as revenue expenditure, deductible under Section 37 of the Act. Additionally, the Tribunal upheld the allowance of 60% depreciation on printers, switches, networking equipment, batteries, and pen drives, as these were considered integral parts of the computer system. The appeal of the assessee was allowed, and the appeal of the Revenue was dismissed. Case-Laws Income Tax Fri, 16 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267259