https://www.taxtmi.com/caselaws?id=14437 Technical know-how expenditure incurred to establish and operate a manufacturing plant in India, coupled with an unlimited-term arrangement and provision for improvements and modifications to manufacturing methods, was treated as capital in nature. On that basis, the amount was required to be added to the cost of the plant and machinery for depreciation purposes, rather than being treated as a separate revenue item. The addition was held to relate specifically to plant and machinery, leaving the Assessing Officer to quantify the amount to be included in that asset's cost. en-us Wed, 20 Dec 2000 00:00:00 +0530 Wed, 15 Jul 2009 17:51:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14437 Technical know-how expenditure incurred to establish and operate a manufacturing plant in India, coupled with an unlimited-term arrangement and provision for improvements and modifications to manufacturing methods, was treated as capital in nature. On that basis, the amount was required to be added to the cost of the plant and machinery for depreciation purposes, rather than being treated as a separate revenue item. The addition was held to relate specifically to plant and machinery, leaving the Assessing Officer to quantify the amount to be included in that asset's cost. Case-Laws Income Tax Wed, 20 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14437