High Court Rules Royalty Expenditure as Revenue, Restricts Licensee from Exploiting Know-How. https://www.taxtmi.com/highlights?id=5111 Expenditure on Royalty - Revenue or Capital? - the licensee shall have no right to exploit or in any way to use the know-how and shall forthwith discontinue all use of the know-how and shall not thereafter use the know-how - held as revenue in nature - HC en-us Mon, 03 Sep 2012 17:25:59 +0530 Mon, 03 Sep 2012 17:25:59 +0530 TaxTMI RSS Generator High Court Rules Royalty Expenditure as Revenue, Restricts Licensee from Exploiting Know-How. https://www.taxtmi.com/highlights?id=5111 Expenditure on Royalty - Revenue or Capital? - the licensee shall have no right to exploit or in any way to use the know-how and shall forthwith discontinue all use of the know-how and shall not thereafter use the know-how - held as revenue in nature - HC Highlights Income Tax Mon, 03 Sep 2012 17:25:59 +0530 https://www.taxtmi.com/highlights?id=5111