TaxTMI 
TaxTMI 
2017 (12) TMI 1127
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....pellant revenue by this appeal under section 260A of the Income Tax Act, 1961 (hereinafter referred to as "the Act"), has called in question the order dated 28th June, 2017 made by the Income Tax Appellate Tribunal, Ahmedabad Bench "A", Ahmedabad (hereinafter referred to as "the Tribunal") in ITA No.1174/Ahd/2014, by proposing the following question, stated to be a substantial question of law: "....
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....apital in nature and, accordingly, treated the same as capital expenditure and allowed depreciation thereon. 4. The assessee carried the matter in appeal before the Commissioner (Appeals), who dismissed the said appeal. The assessee carried the matter in further appeal before the Tribunal, and succeeded. 5. Mrs. Mauna Bhatt, learned Senior Standing Counsel for the appellant assailed the impugned....
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....s did not relate to the new software development expenses but included maintenance and upgradation charges as evident from the ledger account. That the same were recurring expenses and no new asset of enduring benefit was obtained from the said expenses. 7. The Tribunal in the impugned order has followed the decision of this High Court in the case of N.J. India Invest Private Limited, 2015 taxman....