program.
4 Erred in holding that the AdWords program is complex computer software,
the right to use has been granted to the Appellant without appreciating ... program
without parting with the copyright, thus granting licence to use the software
without appreciating the fact that the Appellant is only involved in marketing
assessee is engaged in different types of business activities,
viz., software development services and IT services; manufacture of
Vanaspati/Hydro generated oils; toilet soaps; lighting ... generated from non-STPI/non-SEZ undertakings.
STPI refers to "Software Technology Park" and SEZ refers to "Special
Economic Zone". This
assessee is a company engaged in the business of
rendering Software Development Services. It is wholly owned
subsidiary of Sunquest US. The assessee had entered ... into a master
Software Development Agreement with Misys Physicians Systems
L.L.C dated 25/5/2005 for rendering software development
services. Subsequently another agreement
justified in treating the software expenses of Rs. 39,58,659/- [55,16,940 - 15,58,281]
as revenue expenditure ignoring that the said expenses ... assessee and also without ascertaining the nature / utility of the software, it is simply not
possible for the Assessing Officer to ascertain whether software were
Technologies Ltd. ('IKF Technologies')
6.2 Lee & Nee Software (Exports) Ltd. ('Lee &: Nee Software')
6.3 Allsec Technologies Ltd ('Allsec ... adjustment are
that, the assessee company is registered as STPI unit with Software
Technology Parks of India. The functions performed by the assessee
includes rendering
Symantec Software And Services India ... vs Dcit, Corporate Circle 6(2),, Chennai on 5 October, 2018
आयकर अपील
य अ धकरण, 'डी' यायपीठ ... Chny/2018
नधा(रण वष( / Assessment Year : 2013-14
M/s Symantec Software and Services
India Pvt. Ltd., The Deputy Commissioner of
1/124, Shivaji
deleting the disallowance made on account
of expenditure on imported software u/s.40(a)(i) of the Act on account of
non-deduction ... that the assessee has claimed expenditure incurred in respect of
purchase of software called upon the assessee to furnish the necessary details.
On verifying
Panel also erred in confirming the same.
a) Akshay Software Technologies Limited
b) E Zest Solutions Limited
c) Evoke Technologies Private Limited ... year ('FY') 2013-14 was not available, (ii) companies with
software development service revenue less than 75% of total operating
revenue, (iii) companies
that
reimbursement of expenses is not subjected to tax in India:
• IDS Software Solutions P. Ltd. vs. ITO (122 TTJ
410)(Bang)
• CIT v. Industrial ... Capital Advance:
29. During the AY 2010-11, the Assessee purchased software
from Soft line Software Service Private Limited ("Softline")
amounting
being the expenses incurred by the Appellant on
Access Charges for software and licences.
2.2 It is submitted that in the facts and the circumstances ... made the aforesaid payment for purchasing a depreciable asset, viz.
Computer software, therefore, disallowed the same as a 'revenue
expenditure', as claimed
