The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench consisting of Mahavir Prasad, Judicial Member, and Waseem Ahmed, Accountant Member held that expenditure on maintenance, backup, and support services to existing hardware and software is revenue in nature. Commissioner of Income Tax (CIT) disallowed the up-gradation of software expenses of about Rs.1,58,585/-. The assessee, Gujarat Industries…
