https://www.taxtmi.com/caselaws?id=177970 The Appellate Tribunal upheld the ld. CIT(A)'s order, dismissing the Revenue's appeal regarding the characterization of a royalty payment as revenue or capital expenditure. The Tribunal considered the Agreement terms, which indicated the payment's revenue nature due to its calculation based on sales and the non-exclusive right granted. Citing past Tribunal decisions and Delhi High Court rulings in favor of the assessee, the judgment reaffirmed the royalty payment as revenue expenditure, emphasizing established legal interpretations and consistent precedents within the assessee's group concerns. en-us Thu, 14 Aug 2014 00:00:00 +0530 Sat, 23 Jan 2016 10:34:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177970 The Appellate Tribunal upheld the ld. CIT(A)'s order, dismissing the Revenue's appeal regarding the characterization of a royalty payment as revenue or capital expenditure. The Tribunal considered the Agreement terms, which indicated the payment's revenue nature due to its calculation based on sales and the non-exclusive right granted. Citing past Tribunal decisions and Delhi High Court rulings in favor of the assessee, the judgment reaffirmed the royalty payment as revenue expenditure, emphasizing established legal interpretations and consistent precedents within the assessee's group concerns. Case-Laws Income Tax Thu, 14 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177970