https://www.taxtmi.com/caselaws?id=395231 The Court modified the order for stay of demand, allowing a stay of &8377; 2,31,79,894 for the Assessment Year 2017-2018 subject to specific payment terms. The Court clarified that the observations made should not be treated as findings on merits, providing relief to the petitioner regarding the treatment of software licensing fee as revenue expenditure. en-us Tue, 17 Mar 2020 00:00:00 +0530 Tue, 12 May 2020 13:37:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395231 The Court modified the order for stay of demand, allowing a stay of &8377; 2,31,79,894 for the Assessment Year 2017-2018 subject to specific payment terms. The Court clarified that the observations made should not be treated as findings on merits, providing relief to the petitioner regarding the treatment of software licensing fee as revenue expenditure. Case-Laws Income Tax Tue, 17 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395231