https://www.taxtmi.com/caselaws?id=192093 The Court declined to frame a question of law on the nature of payment of royalty and technical guidance fee, following a precedent favoring treating such payments as revenue. The case was adjourned to allow the Revenue to present arguments regarding the deletion of an addition under Section 40(a)(ia) for export commission, indicating the Court's openness to further discussion on this matter. en-us Thu, 14 Jan 2016 00:00:00 +0530 Sat, 13 May 2017 08:51:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192093 The Court declined to frame a question of law on the nature of payment of royalty and technical guidance fee, following a precedent favoring treating such payments as revenue. The case was adjourned to allow the Revenue to present arguments regarding the deletion of an addition under Section 40(a)(ia) for export commission, indicating the Court's openness to further discussion on this matter. Case-Laws Income Tax Thu, 14 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192093