https://www.taxtmi.com/highlights?id=39141 Deduction u/s 37(1) - onetime royalty payment - revenue expenditure or capital expenditure - On an analysis of the agreement on record, there is no doubt that it was merely a trademark license agreement, which conferred no enduring benefit or long term benefit to the appellant. - HC en-us Sat, 28 Apr 2018 09:08:03 +0530 Sat, 28 Apr 2018 09:08:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=39141 Deduction u/s 37(1) - onetime royalty payment - revenue expenditure or capital expenditure - On an analysis of the agreement on record, there is no doubt that it was merely a trademark license agreement, which conferred no enduring benefit or long term benefit to the appellant. - HC Highlights Income Tax Sat, 28 Apr 2018 09:08:03 +0530 https://www.taxtmi.com/highlights?id=39141