https://www.taxtmi.com/highlights?id=30499 When the lump sum royalty was separately agreed and paid, then the running royalty, in the facts and circumstances, would only be a revenue expenditure paid for the use of the licence, trade mark and technical information for a particular period - AT en-us Wed, 27 Jul 2016 12:34:11 +0530 Wed, 27 Jul 2016 12:34:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=30499 When the lump sum royalty was separately agreed and paid, then the running royalty, in the facts and circumstances, would only be a revenue expenditure paid for the use of the licence, trade mark and technical information for a particular period - AT Highlights Income Tax Wed, 27 Jul 2016 12:34:11 +0530 https://www.taxtmi.com/highlights?id=30499