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2014 (9) TMI 1220 - DELHI HIGH COURTRoyalty paid to the foreign companies - Disallowance u/s 40A - royalty was excessive or unreasonable - DTAA between the Indian Government and the Switzerland Government - Whether expenditure was neither excessive nor unreasonable, the same could not be disallowed u/s 40 A (2)? - burden as a justifiable and reasonable business expenditure and thus should be allowed under Section 37 - HELD THAT:- We dismiss the appeal following the reasoning and ratio of the decision in Nestle India Ltd. [2011 (5) TMI 566 - DELHI HIGH COURT].
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