Know-how Transfer for Product Info Not Taxable: No Manufacturing Rights Transferred, Acquisition Cost Considered Nil.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Chargeability of transfer of sale of know-how on sale of product information - whether that amounts to the transfer of right to manufacture, produce or process any article or thing where the cost of acquisition would be nil - Not taxable.....