Question ID : 1017
Tax Treatment for Technical Know How Fees
As per Section 35AB Technical Know How Fees paid upto 31.03.1998 can be amortised over a period of six years.What will be the tax treatment for Technical Know How Fees paid 2005-06? Further if part payment has been made 2005-06 and bance is paid the next year what would be the tax treatment? '
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