Case Law Details
Case Name : G.E. Capital Services India Vs Addl. CIT (ITAT Delhi)
Related Assessment Year : 2000-01
Courts :
All ITAT ITAT Delhi
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
Issue: Whether expenditure on acquisition of software was revenue or capital expenditure?
Sections Involved: Section 37 (1) of the Income Tax Act (Capital expenditure is not allowed as per this section)
Appeal by Assessee before ITAT: (Relevant Extract)*
“1. That the Order dated March 23, 2007 passed by the learned Commissioner of Income Tax (Appeals)-XV [“CIT(A)”] is erroneous and bad in law in so Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.