https://www.taxtmi.com/caselaws?id=351487 The Tribunal upheld the disallowance of software expenses as capital expenditure but allowed depreciation for intangible assets. Addition on account of caution money was reduced and treated as liability unless written off. Disallowance of excessive salary payments to related persons was partially upheld but deemed reasonable after examination. Depreciation on PLD Unit Building was allowed as completed and used. Deduction under Section 80G for donations was remanded for verification. Advertisement expenses were disallowed due to lack of evidence. Public welfare expenses were allowed for business purposes. Excess depreciation on Xerox machines was disallowed. Disallowances of student promotion and traveling expenses were deleted for lack of proper documentation. en-us Tue, 31 Oct 2017 00:00:00 +0530 Sat, 25 Nov 2017 09:20:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351487 The Tribunal upheld the disallowance of software expenses as capital expenditure but allowed depreciation for intangible assets. Addition on account of caution money was reduced and treated as liability unless written off. Disallowance of excessive salary payments to related persons was partially upheld but deemed reasonable after examination. Depreciation on PLD Unit Building was allowed as completed and used. Deduction under Section 80G for donations was remanded for verification. Advertisement expenses were disallowed due to lack of evidence. Public welfare expenses were allowed for business purposes. Excess depreciation on Xerox machines was disallowed. Disallowances of student promotion and traveling expenses were deleted for lack of proper documentation. Case-Laws Income Tax Tue, 31 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351487