Automation Software expense allowable as Revenue Expense

Texas Instruments (India) Private Limited Vs Add. CIT (ITAT Bangalore) The issue under consideration is whether the amount paid towards automation software considered as revenue expenditure? In the present case, the Assessee claimed deduction of a sum of Rs.135,52,51,594/- while computing income from business under the head “Data Automation software Expenses”. The AO called upon the Assessee to explain the nature of the aforesaid expenditure. The Assessee explained that the software in question were “Electronic Design Automation”(EDA) which are used by the Assessee’s designers for pr...