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![Revenue Expenditures on ERP software Capital in nature: ITAT allows to Claim Depreciation [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/ERP-software-Income-Tax-Revenue-expenditures-Capital-ITAT-Depreciation-Revenue-expenditures-taxscan.jpg "Revenue Expenditures on ERP software Capital in nature: ITAT allows to Claim Depreciation [Read Order]")
Revenue Expenditures on ERP software 'Capital' in nature: ITAT allows to Claim Depreciation [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has recently allowed the assessee, Indo British Garments Pvt Ltd to claim depreciation on...
![Advertising, Marketing and Promotion expenditures incurred are Revenue Expenditures: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Advertising-Marketing-Promotion-expenditures-Revenue-Expenditures-Revenue-Delhi-High-Court-Taxscan.jpg "Advertising, Marketing and Promotion expenditures incurred are Revenue Expenditures: Delhi HC [Read Order]")
![No Review on Original Assessment Order is permissible in the Reassessment proceedings initiated: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/original-assessment-reassessment-proceedings-Madras-High-Court-Taxscan.jpg "No Review on Original Assessment Order is permissible in the Reassessment proceedings initiated: Madras HC [Read Judgment]")
![Expenditures on Buy-Back of Shares, Acquisition of Know-How etc. are Revenue Expenditures, Deductible from Taxable Income: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Sale-of-Shares-Tax-Scan.jpg "Expenditures on Buy-Back of Shares, Acquisition of Know-How etc. are Revenue Expenditures, Deductible from Taxable Income: Bombay HC [Read Order]")