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2014 (6) TMI 77 - AT - Income TaxDeletion of disallowance of expenses - Brand lab and registration charges – Capital expenses or not – Held that:- The expenses are not for registering of any new brand or product but it was the annual renewal fee/charges of the already registered brands and further for putting the brands on record in other states for the purpose of more convenient and better business activities - the expenses incurred were not for registering new brand I level but were either renewal of fees paid or to get the said brands being put on record in other states in, the country so that assessee's right in respect of said brand /levels even in those states get protected from being copied - the expenses incurred are either renewal fees paid or to get the said brands being' put on record in other states in the country so that assessee's right in respect of said brand / level even in those states get protected from being copied - CIT(A) rightly was of the view that the expenditure is revenue in nature as it does not bring into existence any new asset or benefit of enduring nature but these are recurring annual charges/renewal fee - thus, there is no reason to interfere in the order of the CIT(A) – Decided against Revenue.
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