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COMMENTS ON FEMA FOREIGN EXCHANGE AND MANAGEMENT ACT

COMMENTS ON FEMA FOREIGN EXCHANGE AND MANAGEMENT ACT. Wednesday, August 5, 2015. Payment of royalty for technical knowhow as per TCA Agreement allowable as revenue expenditure. CIT Vs. SMCC Construction India Pvt. Ltd. Delhi High Court, ITA No. 4392014, Date of Decision 03.07.15. REVENUE CHALLENNGING ITAT ORDER. Facts of the case. Assessee entered into a Technical Collaboration Agreement TCA with SMCL, Japan in 1997. Contention of the revenue. The essential business of the Assessee was entirely .
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COMMENTS ON FEMA FOREIGN EXCHANGE AND MANAGEMENT ACT

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COMMENTS ON FEMA FOREIGN EXCHANGE AND MANAGEMENT ACT. Wednesday, August 5, 2015. Payment of royalty for technical knowhow as per TCA Agreement allowable as revenue expenditure. CIT Vs. SMCC Construction India Pvt. Ltd. Delhi High Court, ITA No. 4392014, Date of Decision 03.07.15. REVENUE CHALLENNGING ITAT ORDER. Facts of the case. Assessee entered into a Technical Collaboration Agreement TCA with SMCL, Japan in 1997. Contention of the revenue. The essential business of the Assessee was entirely .

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This web page rvseckarfema.blogspot.com states the following, "COMMENTS ON FEMA FOREIGN EXCHANGE AND MANAGEMENT ACT." We saw that the webpage said " Wednesday, August 5, 2015." It also said " Payment of royalty for technical knowhow as per TCA Agreement allowable as revenue expenditure. Delhi High Court, ITA No. 4392014, Date of Decision 03. Assessee entered into a Technical Collaboration Agreement TCA with SMCL, Japan in 1997. The essential business of the Assessee was entirely ."

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