![Royalty paid for Technical Know-How or Licence for manufacturing/sale is Capital Expenditure: Karnataka High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/12/Royalty-licence-for-manufacturing-capital-expenditure-Karnataka-High-Court-Taxscan.jpg "Royalty paid for Technical Know-How or Licence for manufacturing/sale is Capital Expenditure: Karnataka High Court [Read Judgment]")
Royalty paid for Technical Know-How or Licence for manufacturing/sale is Capital Expenditure: Karnataka High Court [Read Judgment]
The Karnataka High Court held that the royalty paid for technical know-how or licence for manufacturing/sale is capital expenditure. The assessee,...
![Madras High Court disallows Interest and Additional Expenditure incurred on account of Exchange Fluctuation [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/Madras-High-Court-disallows-Interest-Additional-Expenditure-incurred-account-Exchange-Fluctuation-Taxscan-1.jpeg "Madras High Court disallows Interest and Additional Expenditure incurred on account of Exchange Fluctuation [Read Judgment]")
![No ITC can be claimed on Lift Installation Charges: AAAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/Lift-Installation-Charges-ITC-AAAR-Taxscan.jpg "No ITC can be claimed on Lift Installation Charges: AAAR [Read Order]")
![Forfeiture of Security Deposit shall be treated as Capital Loss: ITAT grants relief to Ebony Retail [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/ITAT-forfeiture-Security-Deposit-Taxscan.jpg "Forfeiture of Security Deposit shall be treated as Capital Loss: ITAT grants relief to Ebony Retail [Read Order]")
Mahindra & Mahindra entitled for Depreciation on Capital Expenditure of Exchange Fluctuation Loss: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai ruled that Mahindra & Mahindra is entitled to depreciation on Capital Expenditure of exchange fluctuation loss. The assessee, Mahindra &...
![Mahindra & Mahindra entitled for Depreciation on Capital Expenditure of Exchange Fluctuation Loss: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/Mahindra-Mahindra-Income-Tax-Taxscan.jpg "Mahindra & Mahindra entitled for Depreciation on Capital Expenditure of Exchange Fluctuation Loss: ITAT [Read Order]")
![Listing Fees Paid to the Stock Exchange not Capital Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/06/GST-Fees-Taxscan.jpg "Listing Fees Paid to the Stock Exchange not Capital Expenditure: ITAT [Read Order]")
Expenditure incurred to Repair or Renovate existing Make-up Rooms are Revenue in Nature: ITAT [Read Order]
A Division Bench of the Mumbai Income Tax Appellate Tribunal (ITAT) in M/s. Maharashtra Film Stage Cultural Development Corporation Ltd. Versus Jt. CIT held that expenditure incurred to repair or...
![Expenditure incurred to Repair or Renovate existing Make-up Rooms are Revenue in Nature: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/Maintenance-Repair.jpg "Expenditure incurred to Repair or Renovate existing Make-up Rooms are Revenue in Nature: ITAT [Read Order]")
Payment for Encashment of Bank Guarantee and Interest on Late Payment is Capital Expenditure: Delhi High Court [Read Judgment]
A two-judge bench of the Delhi High Court has held that the payment for encashment of bank guarantee and the interest paid on late payment are capital expenditure for the purpose of Income Tax Act. ...
![Payment for Encashment of Bank Guarantee and Interest on Late Payment is Capital Expenditure: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/10/Refund-Claims-Delhi-High-Court-Taxscan.jpg "Payment for Encashment of Bank Guarantee and Interest on Late Payment is Capital Expenditure: Delhi High Court [Read Judgment]")
![Architect Fees paid for Construction of Building is Capital Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Architect-Fees-Taxscan.jpg "Architect Fees paid for Construction of Building is Capital Expenditure: ITAT [Read Order]")
Payment to Resume Sub-Tenanted Portion of Property is Capital Expenditure: Calcutta HC [Read Judgment]
A two-judge bench of the Calcutta High Court has held that the payment made to resume the sub-tenanted portion of the property is not business expenditure as the same amount to capital in nature, and...
![Payment to Resume Sub-Tenanted Portion of Property is Capital Expenditure: Calcutta HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/07/Sub-Tenanted-Taxscan.jpg "Payment to Resume Sub-Tenanted Portion of Property is Capital Expenditure: Calcutta HC [Read Judgment]")