https://www.taxtmi.com/caselaws?id=254764 The Tribunal upheld the CIT(A)'s decisions, treating the trade mark fee and software license fee as revenue expenditures. The judgments were based on legal precedents emphasizing the recurring nature of expenses and their role in business operations rather than asset creation. The Revenue's appeal was dismissed, affirming the CIT(A)'s decisions. en-us Fri, 19 Dec 2014 00:00:00 +0530 Sat, 16 May 2015 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254764 The Tribunal upheld the CIT(A)'s decisions, treating the trade mark fee and software license fee as revenue expenditures. The judgments were based on legal precedents emphasizing the recurring nature of expenses and their role in business operations rather than asset creation. The Revenue's appeal was dismissed, affirming the CIT(A)'s decisions. Case-Laws Income Tax Fri, 19 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254764