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2012 (10) TMI 200 - ITAT, DELHIAdditions on account of royalty - revenue expenditure or capital expenditure - Assessing Officer has made the impugned addition by comparing the royalty paid vis-a-vis sales of a particular year – Held that:- Assessee has submitted various copy of agreements with authors as well as detailed chart of royalty calculation - Considering these agreements and detailed chart of royalty, Ld. Commissioner of Income Tax (A) has held that the entire royalty payment is on revenue account and the disallowance made by the Assessing Officer - matter is remitted to the file of the Assessing Officer
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