https://www.taxtmi.com/caselaws?id=414056 The Tribunal partly allowed the appeal, directing the Assessing Officer to re-examine and verify certain issues. Specific instructions were given regarding the treatment of deferred revenue income, software expenses, brand building expenses, and foreign currency expenses in accordance with relevant judicial precedents. The Tribunal upheld the decisions of the Lower CIT(A) on various disallowances under the Income-tax Act, 1961, while providing additional guidance for computation and exclusion of certain expenses. en-us Mon, 25 Oct 2021 00:00:00 +0530 Wed, 27 Oct 2021 09:21:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414056 The Tribunal partly allowed the appeal, directing the Assessing Officer to re-examine and verify certain issues. Specific instructions were given regarding the treatment of deferred revenue income, software expenses, brand building expenses, and foreign currency expenses in accordance with relevant judicial precedents. The Tribunal upheld the decisions of the Lower CIT(A) on various disallowances under the Income-tax Act, 1961, while providing additional guidance for computation and exclusion of certain expenses. Case-Laws Income Tax Mon, 25 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414056