Case Law Details
Case Name : Commissioner of Income Tax Vs Hero Honda Motors Limited (Delhi High Court)
Related Assessment Year :
Courts :
All High Courts Delhi High Court
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Brief facts of the case- The respondent-assessee Hero Motocorp Limited, earlier known as Hero Honda Motors Limited, was a joint venture between the Hero Group and Honda Motorcycle Company Limited, Japan. for manufacture and sale of motorcycle using technology licenced by Honda.
For the above purpose ,they both have entered into a ‘license and technical assistance agreement’ in which Honda will provide know-how to manufacture ,assemble, sell and otherwise deal with two/three wheelers and their parts
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