https://www.taxtmi.com/caselaws?id=405456 The Tribunal ruled in favor of the assessee, holding that the software purchase expenses were not capital in nature and should be allowed as revenue expenditure. The Tribunal emphasized that the AO was bound by the DRP's final directions on the nature of the expenditure and could not reassess it. Consequently, the deduction claimed by the assessee for software purchase expenses was allowed. en-us Fri, 19 Mar 2021 00:00:00 +0530 Sat, 20 Mar 2021 08:47:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405456 The Tribunal ruled in favor of the assessee, holding that the software purchase expenses were not capital in nature and should be allowed as revenue expenditure. The Tribunal emphasized that the AO was bound by the DRP's final directions on the nature of the expenditure and could not reassess it. Consequently, the deduction claimed by the assessee for software purchase expenses was allowed. Case-Laws Income Tax Fri, 19 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405456