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![Deduction allowable on expenses for ‘Software Upgradation’: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Software-Upgrade-Taxscan.jpg "Deduction allowable on expenses for ‘Software Upgradation’: ITAT Delhi [Read Order]")
Deduction allowable on expenses for ‘Software Upgradation’: ITAT Delhi [Read Order]
The Income Tax Appellate Tribunal, Delhi in a recent decision held that the assessee-company is entitled to deduction in respect of expenses incurred...
![“An unrecovered debt from a Subsidiary Company is allowable as Deduction”: ITAT Amritsar [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/unrecovered-debt-deduction-Taxscan.jpg "“An unrecovered debt from a Subsidiary Company is allowable as Deduction”: ITAT Amritsar [Read Order]")
Income from “Operation & Maintenance” is eligible for deduction u/s 80-IAB of Income Tax Act: ITAT Ahmedabad [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal, in a recent ruling held that Section 80IAB covers income from “operation and maintenance”. The Tribunal observed that though the provision...
