S.C : Where a new business was set up with technical know-how provided by a Japanese company and lump sum royalty was paid therefor, expenditure in form of royalty paid would be in nature of capital expenditure and not revenue expenditure
Supreme Court Of India Honda Siel Cars India Ltd. vs. CIT, Ghaziabad Section : 37(1) Assessment years 1999-2000, 2001-02 to […]