Taxpayer's Royalty and Technical Assistance Fees Deemed Revenue Expenditure, Not Capital Expenditure Under License Agreement.

Taxpayer's Royalty and Technical Assistance Fees Deemed Revenue Expenditure, Not Capital Expenditure Under License Agreement. https://www.taxtmi.com/highlights?id=33664 The expenditure incurred by the assessee towards royalty and fee for technical assistance in pursuance of the licence agreement were revenue expenditure and not capital in nature - HC en-us Thu, 09 Mar 2017 08:37:05 +0530 Thu, 09 Mar 2017 08:37:05 +0530 TaxTMI RSS Generator Taxpayer's Royalty and Technical Assistance Fees Deemed Revenue Expenditure, Not Capital Expenditure Under License Agreement. https://www.taxtmi.com/highlights?id=33664 The expenditure incurred by the assessee towards royalty and fee for technical assistance in pursuance of the licence agreement were revenue expenditure and not capital in nature - HC Highlights Income Tax Thu, 09 Mar 2017 08:37:05 +0530 https://www.taxtmi.com/highlights?id=33664