https://www.taxtmi.com/highlights?id=52217 Disallowance of the professional fees on patent - revenue or capital expenditure - The fact that a trade mark after registration could be separately assigned, and not as a part of the good will of the business only, does not also make the expenditure for registration a capital expenditure. That is only an additional and incidental facility given to the owner of the trade mark. It adds nothing to the trade mark itself - AT en-us Sat, 07 Mar 2020 10:30:19 +0530 Sat, 07 Mar 2020 10:30:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52217 Disallowance of the professional fees on patent - revenue or capital expenditure - The fact that a trade mark after registration could be separately assigned, and not as a part of the good will of the business only, does not also make the expenditure for registration a capital expenditure. That is only an additional and incidental facility given to the owner of the trade mark. It adds nothing to the trade mark itself - AT Highlights Income Tax Sat, 07 Mar 2020 10:30:19 +0530 https://www.taxtmi.com/highlights?id=52217