https://www.taxtmi.com/caselaws?id=383103 The Tribunal partly allowed both the assessee's and the Revenue's appeals for statistical purposes. Various issues, including the disallowance of Annual Maintenance Contract (AMC) expenses and software purchases, capitalization of software expenses, disallowance of Marked to Market (M2M) loss, and eligibility for deductions under sections 10A and 80JJAA, were remitted back to the Assessing Officer for re-examination. The Tribunal stressed the importance of verifying facts and following judicial decisions in resolving the contentious matters. en-us Fri, 12 Jul 2019 00:00:00 +0530 Tue, 16 Jul 2019 14:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383103 The Tribunal partly allowed both the assessee's and the Revenue's appeals for statistical purposes. Various issues, including the disallowance of Annual Maintenance Contract (AMC) expenses and software purchases, capitalization of software expenses, disallowance of Marked to Market (M2M) loss, and eligibility for deductions under sections 10A and 80JJAA, were remitted back to the Assessing Officer for re-examination. The Tribunal stressed the importance of verifying facts and following judicial decisions in resolving the contentious matters. Case-Laws Income Tax Fri, 12 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383103