https://www.taxtmi.com/caselaws?id=331312 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decisions on all contested grounds. The issues regarding deletion of addition under Section 41(1) of the IT Act, depreciation rate on application software license, and deductions under Section 80IAB were resolved in favor of the assessee. The Tribunal confirmed that the additions, depreciation rates, and deductions as determined by the CIT(A) were correctly applied. en-us Thu, 21 Jul 2016 00:00:00 +0530 Fri, 19 Aug 2016 10:51:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331312 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decisions on all contested grounds. The issues regarding deletion of addition under Section 41(1) of the IT Act, depreciation rate on application software license, and deductions under Section 80IAB were resolved in favor of the assessee. The Tribunal confirmed that the additions, depreciation rates, and deductions as determined by the CIT(A) were correctly applied. Case-Laws Income Tax Thu, 21 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331312