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1983 (6) TMI 4 - MADRAS HIGH COURTExtract: .......to be held that the entire technical aid fees and the royalty paid by the assessee to the two foreign companies should be held to be revenue or business expenditure and not capital expenditure as has been urged by the Revenue. Both the questions are, therefore, answered in the affirmative and against the Revenue. There will be no order as to costs.
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