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Income Tax - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

Payment for use of technical know-how and trademark/logo - it is ...


Payment for Use of Technical Know-How and Trademarks Considered Revenue Expenditure, Not Capital Expenditure.

July 4, 2016

Case Laws     Income Tax     AT

Payment for use of technical know-how and trademark/logo - it is patent that the payment has been made by the assessee for ‘use of ’ trademarks and not for acquiring trademarks as an owner - Held as Revenue expenditure

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