Allowing the appeal of the assessee the Court held that , expenditure incureed for acquisition of application software which was subsequently abandoned would be allowable in year of write off as revenue expenditure . (AY .1999-00)
Maruti Udyog Ltd v. CIT (2018) 406 ITR 562 / 253 Taxman 60/161 DTR 1 (Delhi) (HC )
S. 37(1): Business expenditure – Expenditure incurred fpr acqudsition of application software which was subsequently abandoned would be allowable in year of write off as revenue expenditure [S.145 ]