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![Payment made for Usage of Software is Revenue Expenditure: ITAT allows Income Tax Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Payment-software-revenue-expenditure-deduction-ITAT-taxscan.jpeg "Payment made for Usage of Software is Revenue Expenditure: ITAT allows Income Tax Deduction [Read Order]")
Payment made for Usage of Software is Revenue Expenditure: ITAT allows Income Tax Deduction [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that payment made for the usage of the software is revenue expenditure and deduction...
![No Action against ‘Start Up’s if its Valuation Report of Unquoted Shares is rejected: CBDT [Read Circular]](https://www.taxscan.in/wp-content/uploads/2018/02/Startups-Taxscan.jpg "No Action against ‘Start Up’s if its Valuation Report of Unquoted Shares is rejected: CBDT [Read Circular]")