Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1993 (2) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1993 (2) TMI 16 - HC - Income TaxExtract: .......ase, we are of the clear opinion that the royalty payments made by the company to foreign concerns during the relevant years were rightly held by the Tribunal to be revenue expenditure. In that view of the matter, we answer the question referred to us in the affirmative, i.e., in favour of the assessee and against the Revenue. No order as to costs.
|