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Delhi High Court Upholds Deduction of License Fee for Goodwill Under Section 37 of Income Tax Act: “Goodwill Licensing is a Legitimate Business Expenditure and Does Not Constitute Illegal Revenue Sharing or Tax Avoidance”
Court’s Decision The Delhi High Court dismissed the appeals filed by the Principal Commissioner of Income Tax, affirming the decision of the Income Tax Appellate Tribunal (ITAT). The court ruled…













