https://www.taxtmi.com/caselaws?id=250509 The Tribunal determined that the payments made under the collaboration agreements were classified as royalty and revenue expenditure. The applicability of Section 35AB was dismissed as the payments were for royalty and not technical know-how acquisition. Additionally, excise duty, sales tax, and windmill income were excluded from turnover for Section 80HHC deductions. The appeals were dismissed in favor of the assessee, emphasizing consistency in the Department's interpretation of agreements unless there is a change in law or new material evidence. en-us Tue, 05 Aug 2014 00:00:00 +0530 Thu, 19 Feb 2015 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250509 The Tribunal determined that the payments made under the collaboration agreements were classified as royalty and revenue expenditure. The applicability of Section 35AB was dismissed as the payments were for royalty and not technical know-how acquisition. Additionally, excise duty, sales tax, and windmill income were excluded from turnover for Section 80HHC deductions. The appeals were dismissed in favor of the assessee, emphasizing consistency in the Department's interpretation of agreements unless there is a change in law or new material evidence. Case-Laws Income Tax Tue, 05 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250509