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assessee,on royalty remitted to Unilever Plc.-under the Technical Collaboration Agreement,between the assessee and the AE-was excessive.It alternatively held that

personal care and hygiene related products. It has entered into technical collaboration and trademark licence agreement with two Indian concerns, namely, M/s. Procter

price of products manufactured and sold in India as per the technical collaboration agreement. This internatio- nal transaction involving payment of royalty

Trib.) 0632 ITAT Delhi Bench have held that agreement for technical collaboration royalty payments towards right to use technical know-how and patents with

company is engaged in the manufacture of portable generator sets in technical collaboration with Honda Motor Company, Japan. In this civil appeal, we are concerned

Commissioner of Income Tax (Appeals) erred in holding that the technical collaboration fees instalment paid of Rs.28,70,000/- was claimed as revenue expenditure ... collaborator M/s. Exedy Corp. Japan. While remitting the said technical know-how, the company deducted the tax which was deposited in view

terms of building up of a technology base through relevant stakeholders and collaborators, lurther supported by market analysis and import- export imperatives. The focus ... committed management team ° Experienced scientists and technical team ° Innovation ° Tremendous opportunity in Bio-Services and product ° Technological collaboration with leading research institutions

that the assessee has paid donation to set up a technical training institute in collaboration with NTTF, a renowned skill development institute which involved

sales towards technical knowhow. However, as per the subsequent agreement though the rate of royalty for technical knowhow was reduced to 1.25% of the sales ... royalty for technical knowhow subsumes the payment of royalty for the use of trademark and brand name of foreign collaborator. He observed, the assessee

National Institute Of Bank Management, ... vs Acit (Exemption) - 2(1), Mumbai on 25 January, 2018