https://www.taxtmi.com/caselaws?id=281404 The appeal was admitted for consideration on the disallowance of depreciation under section 32(1) for software addition. The court focused on whether the Tribunal was correct in deleting the disallowance. However, on the disallowance of Foreign Exchange Fluctuations Gain, the court found no legal issue as the Tribunal's decision aligned with precedent. en-us Tue, 19 Feb 2019 00:00:00 +0530 Mon, 17 Jun 2019 21:52:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281404 The appeal was admitted for consideration on the disallowance of depreciation under section 32(1) for software addition. The court focused on whether the Tribunal was correct in deleting the disallowance. However, on the disallowance of Foreign Exchange Fluctuations Gain, the court found no legal issue as the Tribunal's decision aligned with precedent. Case-Laws Income Tax Tue, 19 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281404