TPA - payment of royalty - Since the nature of payment was ...
DRP and Tribunal Confirm Payment as Revenue Expenditure, Aligning with Commissioner of Income Tax (Appeals) Decision.
July 19, 2016
Case Laws Income Tax AT
TPA - payment of royalty - Since the nature of payment was examined by DRP and it was found as revenue expenditure and the direction of the DRP attained finality, this Tribunal is of the considered opinion that the CIT(Appeals) has rightly found that the payment was revenue in nature. - AT
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