Software license fees duration less than two years is revenue expenditure: ITAT Bangalore

ITAT Bangalore held that if the duration of software license is less than two years, then it should be treated as revenue expenditure and if the duration is more than two years, then it should be treated as capital expenditure.

Facts- The case of the assessee was selected for scrutiny. As the assessee had international transaction, AO referred the case to TPO. The shor

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