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2016 (10) TMI 1379 - AT - Income TaxProduct Registration Expenses - Nature of expenses - revenue or capital expenditure - whether CIT(A) erred in not treating product registration charges as capital expenditure? - HELD THAT:-Assessee filed the copies of registration certificate issued by the Health and Drug administration of various countries such as Zambia, Ghana, Georgia, Vietnam, Nigeria, Ukrain, etc. with the registration number and the details of products and expiry period of the license. The fees were paid towards vendor registration, quality control checks, testing and verification of such products for human consumption, impact over environment over disposal, etc. After passing the said tests, the concerned Government allows sale of such products in the Country. On the said facts and circumstances the CIT(A) has relied upon the case decided in the case of Panacea Biotech Ltd. [2012 (2) TMI 15 - DELHI HIGH COURT] and case of Cadilla Healthcare Ltd. [2013 (3) TMI 539 - GUJARAT HIGH COURT] No distinguishable facts and law has been placed on record by the revenue at the time of arguments. Additional evidence which relevant to the facts of the case, can be taken into consideration during appellate proceeding in accidence with law. The CIT(A) has passed the orders judiciously and correctly which does not require to be interfere with at this appellate stage. Decided against revenue.
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