https://www.taxtmi.com/caselaws?id=293192 The Tribunal dismissed the Revenue's appeal and allowed the Assessee's claim for deduction of the license fee as revenue expenditure under Section 37 of the Income Tax Act. The Tribunal also held that the license fee paid to RSCPL is allowable as revenue expenditure and that the TDS deposited within the due date must be credited to the Assessee. en-us Fri, 26 Jul 2019 00:00:00 +0530 Thu, 28 Jan 2021 21:47:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293192 The Tribunal dismissed the Revenue's appeal and allowed the Assessee's claim for deduction of the license fee as revenue expenditure under Section 37 of the Income Tax Act. The Tribunal also held that the license fee paid to RSCPL is allowable as revenue expenditure and that the TDS deposited within the due date must be credited to the Assessee. Case-Laws Income Tax Fri, 26 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293192