https://www.taxtmi.com/caselaws?id=429880 The Tribunal partly allowed the assessee's appeal by upholding the deletion of the credit card commission disallowance and treating processing fees and interest as revenue expenditure. The issue of Section 14A disallowance was remanded for verification. The Tribunal upheld capitalizing salaries transferred to work in progress, reversing the CIT(A)'s decision. The software expenses issue was dismissed as not pressed. en-us Tue, 20 Sep 2022 00:00:00 +0530 Sat, 05 Nov 2022 11:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429880 The Tribunal partly allowed the assessee's appeal by upholding the deletion of the credit card commission disallowance and treating processing fees and interest as revenue expenditure. The issue of Section 14A disallowance was remanded for verification. The Tribunal upheld capitalizing salaries transferred to work in progress, reversing the CIT(A)'s decision. The software expenses issue was dismissed as not pressed. Case-Laws Income Tax Tue, 20 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429880