https://www.taxtmi.com/caselaws?id=412290 The Tribunal upheld most of the CIT(A)'s decisions, emphasizing the importance of comparing controlled and uncontrolled transactions for Arm's Length Price (ALP) determination and the revenue nature of software expenses. However, it reversed the decision on repair and maintenance expenditures, classifying them as capital in nature. The appeal was partly allowed for statistical purposes. en-us Thu, 02 Sep 2021 00:00:00 +0530 Mon, 27 Jun 2022 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412290 The Tribunal upheld most of the CIT(A)'s decisions, emphasizing the importance of comparing controlled and uncontrolled transactions for Arm's Length Price (ALP) determination and the revenue nature of software expenses. However, it reversed the decision on repair and maintenance expenditures, classifying them as capital in nature. The appeal was partly allowed for statistical purposes. Case-Laws Income Tax Thu, 02 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412290