Expense for computer software & its upgradation is revenue in nature

DCIT Vs Yazdani International Pvt Ltd (ITAT Cuttack)

ITAT Cuttack that expenditure towards various computer software and stationary and the expenditure towards upgradation of software for filing of return before the ROC and website design is revenue in nature and hence allowable.

Facts- The revenue has challenged the action of CIT(A) in deleting the addition of Rs.2,12,51,123/- representing the amount of 1,78,30,659/- towards the cost price of shortage in quantity of iron

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