https://www.taxtmi.com/caselaws?id=422674 The Tribunal concluded that the expenditure on MPLS/VPN and lease line connectivity is of a revenue nature, allowing full deduction in the year it was incurred. The Tribunal held that the expenditure qualifies for deduction under Section 37(1) of the Income-tax Act, overturning the disallowance by the lower tax authorities. As a result, the appeal of the assessee was allowed, and the orders of the lower tax authorities were overturned in favor of the assessee. en-us Wed, 20 Apr 2022 00:00:00 +0530 Thu, 19 May 2022 12:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422674 The Tribunal concluded that the expenditure on MPLS/VPN and lease line connectivity is of a revenue nature, allowing full deduction in the year it was incurred. The Tribunal held that the expenditure qualifies for deduction under Section 37(1) of the Income-tax Act, overturning the disallowance by the lower tax authorities. As a result, the appeal of the assessee was allowed, and the orders of the lower tax authorities were overturned in favor of the assessee. Case-Laws Income Tax Wed, 20 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422674