Royalty Expenses for Plant Project Deemed Capital Expenditures, Not Revenue, Affecting Financial Reporting and Tax Liabilities.

Royalty Expenses for Plant Project Deemed Capital Expenditures, Not Revenue, Affecting Financial Reporting and Tax Liabilities. https://www.taxtmi.com/highlights?id=35232 Nature of royalty expenses - the Agreement in question was crucial for setting up of the plant project in question for manufacturing of the goods, the expenditure in the form of royalty paid would be in the nature of capital expenditure and not revenue expenditure - SC en-us Tue, 13 Jun 2017 08:00:05 +0530 Tue, 13 Jun 2017 08:00:05 +0530 TaxTMI RSS Generator Royalty Expenses for Plant Project Deemed Capital Expenditures, Not Revenue, Affecting Financial Reporting and Tax Liabilities. https://www.taxtmi.com/highlights?id=35232 Nature of royalty expenses - the Agreement in question was crucial for setting up of the plant project in question for manufacturing of the goods, the expenditure in the form of royalty paid would be in the nature of capital expenditure and not revenue expenditure - SC Highlights Income Tax Tue, 13 Jun 2017 08:00:05 +0530 https://www.taxtmi.com/highlights?id=35232