Case Law Details
Case Name : Pr. CIT Vs. Rajasthan State Beverages Corpn. Ltd. (Rajasthan High Court)
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All High Courts Rajasthan High Court
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Pr. CIT Vs. Rajasthan State Beverages Corpn. Ltd. (Rajasthan High Court)
Privilege fee paid to Government is allowable as revenue expenditure
This Court has extensively considered the aforesaid two questions in assessee’s own case vide judgment and order date 26-5-2016 referred to (supra) and has held that the privilege fees being a revenue expenditure, is required to be allowed as a revenue expenditure
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