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ACIT v. First Advantage P. Ltd. (2024)114 ITR 45 (SN) (Mum)(Trib)

S. 37(1) : Business expenditure-Software licence expenditure-Allowable as revenue expenditure.

Held that Software licence expenditure is allowable as  revenue  expenditure. Order of CIT(A) is affirmed.  (AY.2017-18)

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