Held that acquisition of software treated as capital expenditure, for failure to deduct ta at source, no disallowance can be made. (AY. 2011-12)
UKN Properties Pvt. Ltd. v. Dy.CIT (2021)90 ITR 1 (Bang.)(Trib.)
S. 40(a)(ia) : Amounts not deductible-Deduction at source-Acquisition of software-Treated as capital expenditure-Failure to deduct tax at source-No disallowance can be made.