Case Name : CIT Vs. Bright automotives & plastics ltd.
Citation : [2004] 141 Taxman 582 (mp)
Court : Madhya pradesh high court
Section : 35AB
Meaning : The expression ‘acquire’ has to be used liberally and in the context of actual user of know-how, be that in a capacity as conditional/limited owner or absolute owner or as licensee.