https://www.taxtmi.com/highlights?id=34904 Capitalization of license fee and royalty expenditure - The license fee and the royalty fee to the Government of India is on a year to year basis and this fact was never disputed by the Revenue at any point of time and thus the same has to be held as revenue in nature - AT en-us Sat, 20 May 2017 13:07:37 +0530 Sat, 20 May 2017 13:07:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=34904 Capitalization of license fee and royalty expenditure - The license fee and the royalty fee to the Government of India is on a year to year basis and this fact was never disputed by the Revenue at any point of time and thus the same has to be held as revenue in nature - AT Highlights Income Tax Sat, 20 May 2017 13:07:37 +0530 https://www.taxtmi.com/highlights?id=34904