Expenditure on payment of software – Revenue or Capital?

Advocate Akhilesh Kumar Sah DCIT Vs Lovelock & Lewes ITAT (ITAT Kolkata) Lovelock & Lewes  case: Expenditure incurred by the assessee on payment of software licence fees for applications software for the right to use the software for limited/particular period of time held to be revenue expenditure In DCIT vs. Lovelock & Lewes ITAT, Kolkata [(I.T.A. Nos. 1020 & 1021/KOL/2017 A.Y.s: 2007-2008 & 2010-2011), decided on 08.03.2019], appeal of the Revenue for A.Y. 2010-2011 being ITA No. 1021/KOL/2017, was directed against the order of the CIT(Appeals)-6, Kolkata dated 14.02.2...