https://www.taxtmi.com/caselaws?id=184993 The Tribunal upheld the treatment of royalty payments as revenue expenditure, dismissing the Revenue's appeals. The decision aligned with previous rulings, affirming that the payments were not capital expenditure but rather revenue expenditure based on the specific circumstances of the case. The order was pronounced in Chennai on September 6, 2012. en-us Thu, 06 Sep 2012 00:00:00 +0530 Wed, 27 Jul 2016 15:02:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184993 The Tribunal upheld the treatment of royalty payments as revenue expenditure, dismissing the Revenue's appeals. The decision aligned with previous rulings, affirming that the payments were not capital expenditure but rather revenue expenditure based on the specific circumstances of the case. The order was pronounced in Chennai on September 6, 2012. Case-Laws Income Tax Thu, 06 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184993