https://www.taxtmi.com/caselaws?id=179574 Expenditure for use of manufacturing know-how and for training personnel outside India was treated as deductible for the assessment year 1974-75, following the Court's earlier binding view and answering that issue for the assessee. Surtax payable under the Companies (Profits) Surtax Act, 1964 was held not to be allowable expenditure in computing total income, the point being covered by prior decisions of the Court and the Supreme Court and answered for the Revenue. The reference was thus disposed of by applying established authority on both questions. en-us Fri, 12 Jun 1998 00:00:00 +0530 Fri, 04 Mar 2016 14:38:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179574 Expenditure for use of manufacturing know-how and for training personnel outside India was treated as deductible for the assessment year 1974-75, following the Court's earlier binding view and answering that issue for the assessee. Surtax payable under the Companies (Profits) Surtax Act, 1964 was held not to be allowable expenditure in computing total income, the point being covered by prior decisions of the Court and the Supreme Court and answered for the Revenue. The reference was thus disposed of by applying established authority on both questions. Case-Laws Income Tax Fri, 12 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179574