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pits, fire alarm system and O&M organization, procedure audit, system audit, software and hardware update etc. The payment was made as per mutual

audited and submit the tax audit report, the AO initiated penalty proceedings u/s. 271B . The assessee submitted before the AO that the audit report ... outdated software which was based on DOS. As software based on DOS became obsolete due to continuous advancement of technology. Therefore, the new software

that the assessee was engaged in execution of software development and coding of software services (software services) outsourced to it by its associated enterprise namely ... that the assessee was engaged in execution of software development and coding of software services (software services) outsourced to it by its associated enterprise namely

transaction in the tally software or not. The tally software runs on ODBC and rarely one finds the audit Trail of the transactions, which ... accounting software by the regulator for filing the tax and financial results. Either this software's should be compliant of the audit trail

transaction in the tally software or not. The tally software runs on ODBC and rarely one finds the audit Trail of the transactions, which ... accounting software by the regulator for filing the tax and financial results. Either this software's should be compliant of the audit trail

software. The assessee has stated that they have maintained the inventory' valuation software ORIEL POS since 2010 but in the Audit report ... book stock on the basis of Tally Software, whereas physical stock on the basis of ORIEL Software. It is also observed that ld. Assessing Officer

observed from the audited accounts of the assessee company that it has three segments viz BPO, Software Development and Support Sales. The segment result relating ... following reasons :- (a) Segmental produced is not part of the audited financial statements adopted by the members. (b) Simply producing the certificate for making segmental

incurred the following software related expenses: Sl. Particulars Amount (in Rs.) Remarks 1 Purchase of System Software's 3,63,49,672/- Capitalised ... amount of Systems 3,63,49,672/- Software's capitalised by The Appellant Company 2 Software related expenditure towards 3,54,03,415/- Revenue

being trade advance received from EDP Software Ltd, since such advance was given by EDP Software Ltd in the ordinary course of business and substantial ... with respect to amount received from EDP Software Ltd., I have gone through the audited accounts for F.Y. 2011-12 and I find that

return of income/audit report is also required to be uploaded on line. The said online information of return of income/audit ... wherever the return/audit report data suggests of non-compliance etc., the software automatically picks the said default and report accordingly. However, before making such