1997 (9) TMI 6

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..... was merely given a non-exclusive and non-transferable right of user of the technical information - High Court was justified in holding expenditures in question to be revenue nature. - C. A. No 4912 .....

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..... lding the expenditure to be of revenue nature. The expenditures were incurred to obtain benefit of research and development made by the foreign company. The technical information given to the Indian c .....

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