Home / 
AO Disallows Software Expense Claim, Allows 25% Depreciation Without Assessing Usage and Utility of Software.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Disallowance of Expenditure on Software for Own Use - AO had not recorded any finding, qua the usage and utility of the software in question and he had simply held that the assessee can claim depreciation @ 25% - AT....
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
TaxTMI