[{"news_id":"12068","news_title":"If assessee has no right on \u0027goodwill enhancement\u0027, payment for use of trade mark is revenue expenditure","news_short_description":"\u003chtml xmlns=\"http://www.w3.org/1999/xhtml\"\u003e\r\n\u003chead\u003e\r\n\u003ctitle\u003e \u003c/title\u003e\r\n\u003clink href=\"http://www.taxmann.com/css/style.css\" rel=\"stylesheet\" type=\"text/css\" /\u003e\r\n\u003c/head\u003e\r\n\u003cbody\u003e\r\n\u003cdiv\u003e\r\n\u003cp class=\"dgthreedigest\"\u003eIT : Where owner of brand of diamond licensed it to \r\nanother company which in turn sub-licensed it to assessee and assessee sold \r\ndiamond under said brand name, payments made by assessee to intermediary towards sales promotion expenses \r\nwould be revenue expenditure - [2012] 24 taxmann.com 130 (Mumbai - Trib.)\u003c/p\u003e\r\n\u003c/div\u003e\r\n\u003c/body\u003e\r\n\u003c/html\u003e","news_date":"8/21/2012 2:38:43 PM"}]