M/S MANGALORE GANESH BEEDI WORKS vs. COMMISSIONER OF INCOME TAX, MYSORE
The appeals are disposed of in the above terms
C.A. No.-010547-010548 - 2011Supreme Court15 Oct 2015
Section 35ASection 37
Section
35A and 35AB of the Act towards acquisition of Intellectual Property Rights
such as rights over the trademark, copyright and technical know-how. In
the alternative, the Assessee claimed depreciation on capitalizing the value
of the Intellectual Property Rights by treating them as plant.
11
