IN THE HIGH COURT OF DELHI AT NEW DELHI
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ITA 1251/2011
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ITA 1252/2011
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ITA 1253/2011
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CIT ..... Appellant
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Through Mr. Amit Shrivastava, Adv. for Mr. Kamal Sawhney, sr. standing
counsel
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versus
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SAMTEL GLASS LTD ..... Respondent
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Through Mr. Ajay Vohra and Mr. Somnath Shukla, Advs.
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CORAM:
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HON'BLE MR. JUSTICE SANJIV KHANNA
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HON'BLE MR. JUSTICE R.V.EASWAR
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O R D E R
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12.12.2011
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The question raised in the present appeals, which pertain to
assessment years 2003-04, 2004-05 and 2006-07, is whether royalty paid
was capital or revenue expenditure. A similar issue was raised by the
Revenue in ITA No.520/2010, which was dismissed on 26.11.2010. In ITA
No.520/2010 it was held that the said expense was revenue in nature. For
the reasons stated in ITA No.520/2010, the present appeals are also
dismissed.
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SANJIV KHANNA,J
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R.V.EASWAR, J
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DECEMBER 12, 2011/vld
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$ 4
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