https://www.taxtmi.com/caselaws?id=15258 The court held that the payment for technical know-how and information was capital expenditure, allowing depreciation on the capitalized portion. Entertainment expenses were not deductible post an amendment to the Act. The judgment clarified the treatment of expenditures and depreciation related to technical know-how acquisition, emphasizing the need for accurate expense categorization for tax purposes. en-us Wed, 29 Jul 1998 00:00:00 +0530 Tue, 04 Aug 2009 12:50:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15258 The court held that the payment for technical know-how and information was capital expenditure, allowing depreciation on the capitalized portion. Entertainment expenses were not deductible post an amendment to the Act. The judgment clarified the treatment of expenditures and depreciation related to technical know-how acquisition, emphasizing the need for accurate expense categorization for tax purposes. Case-Laws Income Tax Wed, 29 Jul 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15258