https://www.taxtmi.com/caselaws?id=267039 The High Court ruled in favor of the Revenue regarding the technical know-how fee, determining a portion as capital expenditure due to enduring benefits provided by the acquired knowledge. However, the court sided with the assessee on the royalty payment issue, considering it as revenue expenditure linked to sales. The appeal was disposed of without costs, and any pending petitions were closed. en-us Fri, 09 Oct 2015 00:00:00 +0530 Thu, 29 Oct 2015 06:08:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267039 The High Court ruled in favor of the Revenue regarding the technical know-how fee, determining a portion as capital expenditure due to enduring benefits provided by the acquired knowledge. However, the court sided with the assessee on the royalty payment issue, considering it as revenue expenditure linked to sales. The appeal was disposed of without costs, and any pending petitions were closed. Case-Laws Income Tax Fri, 09 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267039