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2018 (11) TMI 796 - SCH - Income TaxTechnical fee/ royalty payable in five equal installments on yearly basis - to be treated as revenue expenditure or capital expenditure - Held that:- It appears that by our Judgment [2017 (6) TMI 524 - SUPREME COURT OF INDIA] lump sum payment as well as continuing royalty both are treated as capital expenditure for the assessment years in question. Since these are capital expenditure, needless to mention that the applicant/appellant shall be entitled to depreciation thereon.
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