https://www.taxtmi.com/highlights?id=30369 TPA - payment of royalty - Since the nature of payment was examined by DRP and it was found as revenue expenditure and the direction of the DRP attained finality, this Tribunal is of the considered opinion that the CIT(Appeals) has rightly found that the payment was revenue in nature. - AT en-us Tue, 19 Jul 2016 11:49:23 +0530 Tue, 19 Jul 2016 11:49:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=30369 TPA - payment of royalty - Since the nature of payment was examined by DRP and it was found as revenue expenditure and the direction of the DRP attained finality, this Tribunal is of the considered opinion that the CIT(Appeals) has rightly found that the payment was revenue in nature. - AT Highlights Income Tax Tue, 19 Jul 2016 11:49:23 +0530 https://www.taxtmi.com/highlights?id=30369