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Commissioner Of Income Tax vs M/S. Danfos Industries Pvt Ltd on 20 September, 2021 cites

Alembic Chemical Works Co. Ltd vs Commissioner Of Income Tax, Gujarat on 31 March, 1989

Similar decision taken in KGISL Technologies and Infrastructures Private Limited Vs. Assistant/Deputy Commissioner of Income Tax, Company Circle-V, Chennai [decided on 27.11.2018 in TCA Nos.73 to 74 of 2011], wherein the Court, apart from taking note of decision in Alembic Chemicals Works Co. Ltd Vs. CIT, noted the decision in CIT Vs. Southern Roadways Ltd decided on 07.10.2006 in T.C.(A). No. 2454 of 2006 and decided the substantial questions of law in favour of the assessee by treating the expenses incurred in developing/upgrading the software to be revenue expenditure.
Supreme Court of India Cites 7 - Cited by 399 - R S Pathak - Full Document

Oriental Bank Of Commerce vs Additional Commissioner Of Income Tax on 11 August, 2014

In Oriental Bank of Commerce Vs. Additional CIT reported in [2018] 93 Taxmann.com 432 (Delhi), the expenditure incurred by the assessee on acquiring license to use software which did not confer any enduring benefit on assessee was allowed as a deduction under Section 37(1) of the Act, wherein the decision of the Hon'ble Supreme Court in Alembic Chemicals Works Co. Ltd Vs. CIT reported in 177 ITR 377 (SC) was followed.
Delhi High Court Cites 27 - Cited by 8 - B D Ahmed - Full Document

Commissioner Of Income Tax Madras vs Southern Roadways (P) Ltd on 28 November, 1974

Similar decision taken in KGISL Technologies and Infrastructures Private Limited Vs. Assistant/Deputy Commissioner of Income Tax, Company Circle-V, Chennai [decided on 27.11.2018 in TCA Nos.73 to 74 of 2011], wherein the Court, apart from taking note of decision in Alembic Chemicals Works Co. Ltd Vs. CIT, noted the decision in CIT Vs. Southern Roadways Ltd decided on 07.10.2006 in T.C.(A). No. 2454 of 2006 and decided the substantial questions of law in favour of the assessee by treating the expenses incurred in developing/upgrading the software to be revenue expenditure.
Supreme Court of India Cites 11 - Cited by 93 - A C Gupta - Full Document

Assistant Commissioner Of Income Tax ... vs M/S Robert Bosch Engineering & Business ... on 28 June, 2021

In CIT, Bangalore Vs. Robert Bosh India Ltd. reported in [2014] 50 Taxmann.com 275 (Karnataka), the amount paid by the assessee for purchase of software was held to be revenue expenditure even when the same was used in course of business of assessee not only during the assessment year under consideration, but also during the subsequent year.
Income Tax Appellate Tribunal - Bangalore Cites 3 - Cited by 2 - Full Document

Commisioner Of Income Tax Trichy vs The Lakshmi Vilas Bank Ltd. on 15 February, 2019

In CIT, Trichy Vs. Lakshmi Vilas Bank Ltd. reported in [2018] 97 Taxmann.com 105 (Madras), expenditure incurred by the assessee towards software expenses was treated _________ Page 7 of 10 https://www.mhc.tn.gov.in/judis/ T.C.A.Nos.341 and 342 of 2015 as revenue expenditure as advantage, though endured for an indefinite period, it merely facilitated assessee's trading operation, enabling it to carry on business more efficiently. In the said case, the contentions of the assessee that the software was a pre-designed software and not customized to suit the assessee's particular requirement was taken note of. We pointed out this fact, because the Tribunal has rendered a factual finding that the software was to operate the Windows platform, which will go to show that it has not been customised for a particular requirement.
Supreme Court - Daily Orders Cites 0 - Cited by 5 - Full Document
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