https://www.taxtmi.com/caselaws?id=781699 Premium CAD software expenditure was treated as revenue expenditure because the software had a short useful life and required continuous upgradation, so it did not create an enduring benefit justifying capital treatment. The restricted depreciation approach adopted by the lower authorities was not accepted, and the expenditure was allowed in full for tax purposes. The ruling also recognised the consequential impact on computation of deduction under section 80IC, with the assessee entitled to that corresponding benefit. en-us Wed, 12 Nov 2025 00:00:00 +0530 Wed, 19 Nov 2025 08:52:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781699 Premium CAD software expenditure was treated as revenue expenditure because the software had a short useful life and required continuous upgradation, so it did not create an enduring benefit justifying capital treatment. The restricted depreciation approach adopted by the lower authorities was not accepted, and the expenditure was allowed in full for tax purposes. The ruling also recognised the consequential impact on computation of deduction under section 80IC, with the assessee entitled to that corresponding benefit. Case-Laws Income Tax Wed, 12 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781699