core question that arises for consideration is When the two technical collaboration agreements dated 24.5.1989 and 8.12.1993 do not provide for any lumpsum payment, whether ... manufacture of automobile parts and components. They entered into Technical Collaboration Agreement dated 7/24.10.1986 with a Japanese company, namely, Arai Seisakusho
which defendant no. 1 became the Managing Director.
4. A Technical Collaboration Agreement was entered into between plaintiff no. 1, and defendant ... plaintiff. Following clauses introduced in the Agreement as well as Technical Collaboration Agreement show that the defendants had not only agreed to disassociate themselves from
Government of India, Department of Industries, have accorded approval for the technical collaboration with Degremont France. If such an important manufacturing activity carried ... avail itself of the accumulated knowledge and R&D of its collaborators, who are world leaders in this field, whose techniques of visualisation
assessee in
the Financial Year 2002-03 had entered into a „Technical
Collaboration Agreement with Syngenta Seeds AG, Switzerland‟
("SSAG ... supplying plant material / basic seed to
the assessee in terms of „Technical Collaboration Agreement‟.
The assessee based on such proprietary rights, proprietary
information, valuable technical
acquiring technical know-how is revenue or capital expenditure. The question whether in a given case the payment made under technical collaboration constitutes revenue expenditure ... Bombay High Court held that technical know-how cannot be called a tangible asset. Technical know-how and technical advice for the time being cannot
enterprise by the foreign parties and the other for technical collaboration. The terms for financial participation were disclosed in the explanatory statement; the terms ... their inspection offered. The court held that the agreement for technical collaboration is a matter peculiarly within the competence of the directors and ordinary shareholders
Atul Limited, Ahmedabad vs The Acit.,Range-1,, Ahmedabad on 23 February, 2022
IN THE
Pacific Pvt Ltd.
Similarly the assessee had also entered into a technical collaboration agreement
dated 01.04.2007 with DIC Corporation, Japan; in terms of which ... right to sell the finished goods manufactured using the
technical knowhow, whereas the technical collaboration agreement fees is for right
to use the technical knowhow
Technical Guidance Fee" paid to M/s. HMCL, Japan for the assessment years 2001-02 & 2002-03 under a Technical Collaboration Agreement ... both the lump-sum technical fee and Royalty were being paid by the assessee to HMCL under the Technical Collaboration Agreement dated 21.5.1996 where
Department took the stand that the technical know-how fee/royalty paid by the importers to their technical collaborators abroad had a relation ... period of 5 years in terms of the relevant Technical Collaboration Agreement. In the case of M/s. TVS R & M, the assessee
