https://www.taxtmi.com/caselaws?id=39421 The High Court affirmed that the payment made to Dominit was for acquiring knowledge or an advantage of an enduring nature, thus constituting capital expenditure. The court upheld the decision to treat 50% of the fee as capital expenditure, based on the nature of the services provided under the agreement. en-us Tue, 25 Mar 1975 00:00:00 +0530 Fri, 16 Apr 2010 13:12:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39421 The High Court affirmed that the payment made to Dominit was for acquiring knowledge or an advantage of an enduring nature, thus constituting capital expenditure. The court upheld the decision to treat 50% of the fee as capital expenditure, based on the nature of the services provided under the agreement. Case-Laws Income Tax Tue, 25 Mar 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39421