https://www.taxtmi.com/caselaws?id=780569 ITAT MUMBAI allowed most contested claims of the assessee. Expenditures on dies, moulds, jigs and fixtures were treated as revenue expenditure following the Co-ordinate Bench. The CIT(A)'s admission of fresh claims (including stamp duty) was upheld, consistent with SC and HC precedents, and Revenue's ground challenging that admission was dismissed. Deduction for proportionate leasehold premium and software expenditure (purchase/upgradation and maintenance) were allowed per co-ordinate decisions. Additions of provisions for bad and doubtful debts were deleted. A first-time claim for income tax paid in Chile was admitted for consideration and the AO was directed to verify its allowability in accordance with law. en-us Thu, 16 Oct 2025 00:00:00 +0530 Sat, 01 Nov 2025 08:17:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780569 ITAT MUMBAI allowed most contested claims of the assessee. Expenditures on dies, moulds, jigs and fixtures were treated as revenue expenditure following the Co-ordinate Bench. The CIT(A)'s admission of fresh claims (including stamp duty) was upheld, consistent with SC and HC precedents, and Revenue's ground challenging that admission was dismissed. Deduction for proportionate leasehold premium and software expenditure (purchase/upgradation and maintenance) were allowed per co-ordinate decisions. Additions of provisions for bad and doubtful debts were deleted. A first-time claim for income tax paid in Chile was admitted for consideration and the AO was directed to verify its allowability in accordance with law. Case-Laws Income Tax Thu, 16 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780569