Supreme Court · 1987 INSC 31 · Decided 3 February 1987
Commissioner of Income-Tax, U.P., Lucknow v. British India CORPN. LTD., Kanpur
- Court
- Supreme Court of India
- Citation
- 1987 INSC 31 · [1987] 2 S.C.R. 133
- Case number
- CIVIL APPEAL No. 1163/1974
- Decided
- 3 February 1987
- Bench
- SABYASACHI MUKHERJI, S. NATARAJAN (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 10(2)(XV)
Headnote
Income Tax Act, 1922-s.10(2)(XV)-Assessee Company­ Entering into agreement with another company appointing its nominee A B as distributors of assessee's products-In lieu of benefit of technical knowledge assessee paid to the distributors for meeting initial expenses of C establishment of capital expenditure or revenue expenditure. The assessee-company entered into an agreement with M/s. Charles Walker and Company, London which, inter alia, stipnlated that the latter wonld permit the nse by the assessee of a number of D registered trade marks specified in the agreement and
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