https://www.taxtmi.com/caselaws?id=21904 The High Court of Karnataka allowed depreciation on roads and culverts and considered technical know-how payment as a revenue expenditure, following a precedent set in a previous case (CIT v. NGEF Ltd. [1992] 195 ITR 360 (Kar)). en-us Wed, 09 Jan 1991 00:00:00 +0530 Fri, 04 Dec 2009 11:09:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21904 The High Court of Karnataka allowed depreciation on roads and culverts and considered technical know-how payment as a revenue expenditure, following a precedent set in a previous case (CIT v. NGEF Ltd. [1992] 195 ITR 360 (Kar)). Case-Laws Income Tax Wed, 09 Jan 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21904