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![Payment of Non-Competent Fee is Capital Expenditure since Assessee obtained an Advantage of an Enduring Nature: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/08/Non-Compete-Fee-Taxscan.jpg "Payment of Non-Competent Fee is Capital Expenditure since Assessee obtained an Advantage of an Enduring Nature: Delhi HC [Read Judgment]")
Payment of Non-Competent Fee is Capital Expenditure since Assessee obtained an Advantage of an Enduring Nature: Delhi HC [Read Judgment]
A division bench of the Delhi High Court recently observed that no expenditure can be allowed in respect of non-competent fee since assessee obtained...