https://www.taxtmi.com/caselaws?id=71652 The Tribunal allowed the assessee's appeals regarding the disallowance of technical know-how fees and engineering services fees, treating them as revenue expenditure. The Tribunal also allowed the assessee's claims for deductions u/s 32AB, including interest and dividend income in the computation of eligible business profits. However, the Tribunal upheld the disallowance of expenses on foreign education of Shri K.P. Vora, confirming the CIT(A)'s decision. en-us Fri, 07 Mar 2003 00:00:00 +0530 Wed, 20 Jun 2012 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71652 The Tribunal allowed the assessee's appeals regarding the disallowance of technical know-how fees and engineering services fees, treating them as revenue expenditure. The Tribunal also allowed the assessee's claims for deductions u/s 32AB, including interest and dividend income in the computation of eligible business profits. However, the Tribunal upheld the disallowance of expenses on foreign education of Shri K.P. Vora, confirming the CIT(A)'s decision. Case-Laws Income Tax Fri, 07 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71652