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1988 (3) TMI 118 - ITAT DELHI-CExtract: ....... importance in this connection that the acquired asset did not last beyond a period of four years. For that matter, the nature of the payment would not alter, for it was paid to acquire out-right the know-how and not by way of exploiting the know-how by using the patent or otherwise. In view of the above, the appeals of the assessee stand rejected.
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