https://www.taxtmi.com/caselaws?id=341490 The Tribunal upheld the disallowance of software expenses as capital expenditure, citing consistency with prior decisions. The appeal succeeded in obtaining a higher depreciation rate on computer software, aligning with a previous year's decision. Regarding the disallowance under Section 14A, the matter was remanded to the AO for further examination and decision-making, following specific directions for adjudication. The appeal was partly allowed based on these directions, addressing issues related to software expenses, depreciation rates, and disallowances under Section 14A in a comprehensive manner. en-us Mon, 20 Feb 2017 00:00:00 +0530 Tue, 11 Apr 2017 07:31:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341490 The Tribunal upheld the disallowance of software expenses as capital expenditure, citing consistency with prior decisions. The appeal succeeded in obtaining a higher depreciation rate on computer software, aligning with a previous year's decision. Regarding the disallowance under Section 14A, the matter was remanded to the AO for further examination and decision-making, following specific directions for adjudication. The appeal was partly allowed based on these directions, addressing issues related to software expenses, depreciation rates, and disallowances under Section 14A in a comprehensive manner. Case-Laws Income Tax Mon, 20 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341490