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Income Tax - Highlights / Catch Notes

Home Highlights May 2017 Year 2017 This

Capitalization of license fee and royalty expenditure - The ...

Income Tax

May 20, 2017

Capitalization of license fee and royalty expenditure - The license fee and the royalty fee to the Government of India is on a year to year basis and this fact was never disputed by the Revenue at any point of time and thus the same has to be held as revenue in nature - AT

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