https://www.taxtmi.com/caselaws?id=29542 The High Court affirmed that technical aid fees and royalty payments were deductible revenue expenditures, as they were for running the business and not for acquiring enduring benefits. The court referenced similar cases and concluded in favor of the assessee. However, the court held that the Tribunal erred in allowing the cross-objections of the assessee, as they were unnecessary since the assessee had wholly succeeded before the Tribunal. The court ruled in favor of the revenue, stating that the cross-objections should have been dismissed. en-us Tue, 13 Oct 1981 00:00:00 +0530 Sat, 13 Mar 2010 16:22:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29542 The High Court affirmed that technical aid fees and royalty payments were deductible revenue expenditures, as they were for running the business and not for acquiring enduring benefits. The court referenced similar cases and concluded in favor of the assessee. However, the court held that the Tribunal erred in allowing the cross-objections of the assessee, as they were unnecessary since the assessee had wholly succeeded before the Tribunal. The court ruled in favor of the revenue, stating that the cross-objections should have been dismissed. Case-Laws Income Tax Tue, 13 Oct 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29542