Royalty- Necessary ingredient for treating a payment as royalty is exclusiveness of right of a person over design or invention invented by him

 ITAT, AHMEDABAD BENCH `C’ AHMEDABAD,

IN THE CASE OF: ITO Vs. Patwa Kinariwala Electronics Ltd.,

APPEAL NO: ITA Nos. 2781/Ahd/2008, 934/Ahd/2006, 2448/Ahd/2005 and 2826/Ahd/2006 ,

DECIDED ON May 31, 2010

ORDER

Per D. C. Agrawal, Accountant Member.

These are four appeals –one fil

Please become a Premium member. If you are already a Premium member, login here to access the full content.