https://www.taxtmi.com/circulars?id=4430 Payments creating an enduring asset or permanent advantage for the Indian participant are capital expenditure, while payments allowing use of technical knowledge, patents or trade marks for a limited period or to run the business are generally revenue expenditure; allocation must be made objectively where consolidated or percentage of sales payments bundle services, and non resident receipts are taxable in India if they arise from services rendered in India or represent royalties exploited in India. en-us Wed, 09 Jul 1969 00:00:00 +0530 Tue, 29 Jul 2008 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4430 Payments creating an enduring asset or permanent advantage for the Indian participant are capital expenditure, while payments allowing use of technical knowledge, patents or trade marks for a limited period or to run the business are generally revenue expenditure; allocation must be made objectively where consolidated or percentage of sales payments bundle services, and non resident receipts are taxable in India if they arise from services rendered in India or represent royalties exploited in India. Circulars Income Tax Wed, 09 Jul 1969 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4430