https://www.taxtmi.com/caselaws?id=443590 The Tribunal upheld the CIT(A)'s decisions to delete the disallowance of software expenses and notional interest, treating them as revenue expenditures. The cross objections regarding education cess and DDT refund were dismissed, with the Tribunal ruling against the refund of excess DDT based on the India-Singapore Tax Treaty, following the precedent set by the Special Bench in Total Oil India Pvt. Ltd. vs. CIT & ors. Both the Revenue's appeal and the assessee's cross objections were ultimately dismissed. en-us Wed, 31 May 2023 00:00:00 +0530 Thu, 28 Sep 2023 09:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443590 The Tribunal upheld the CIT(A)'s decisions to delete the disallowance of software expenses and notional interest, treating them as revenue expenditures. The cross objections regarding education cess and DDT refund were dismissed, with the Tribunal ruling against the refund of excess DDT based on the India-Singapore Tax Treaty, following the precedent set by the Special Bench in Total Oil India Pvt. Ltd. vs. CIT & ors. Both the Revenue's appeal and the assessee's cross objections were ultimately dismissed. Case-Laws Income Tax Wed, 31 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443590