https://www.taxtmi.com/highlights?id=35412 The payments were made for the purpose of improvement of the software consequent upon merger of other companies, which was necessitated to generate some reports in oracle application. Any expenditure incurred for the purpose of improvement of software or purchase of software that expenditure should be treated as revenue expenditure en-us Thu, 06 Jul 2017 11:16:14 +0530 Thu, 06 Jul 2017 11:16:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=35412 The payments were made for the purpose of improvement of the software consequent upon merger of other companies, which was necessitated to generate some reports in oracle application. Any expenditure incurred for the purpose of improvement of software or purchase of software that expenditure should be treated as revenue expenditure Highlights Income Tax Thu, 06 Jul 2017 11:16:14 +0530 https://www.taxtmi.com/highlights?id=35412