https://www.taxtmi.com/caselaws?id=424717 The Tribunal partly allowed the appeal, emphasizing that the disallowance of depreciation on software development expenses in the rectification order was unjustified as the original disallowance was due to TDS non-compliance, not the genuineness of expenses. The Tribunal also allowed the admission of an additional ground of appeal under Section 154(1A) but dismissed it based on specific provisions. The issue regarding the applicability of Section 12A registration to pending proceedings was not addressed as it was dismissed. en-us Mon, 04 Jul 2022 00:00:00 +0530 Thu, 07 Jul 2022 09:05:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424717 The Tribunal partly allowed the appeal, emphasizing that the disallowance of depreciation on software development expenses in the rectification order was unjustified as the original disallowance was due to TDS non-compliance, not the genuineness of expenses. The Tribunal also allowed the admission of an additional ground of appeal under Section 154(1A) but dismissed it based on specific provisions. The issue regarding the applicability of Section 12A registration to pending proceedings was not addressed as it was dismissed. Case-Laws Income Tax Mon, 04 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424717