https://www.taxtmi.com/caselaws?id=183868 The High Court allowed the technical know-how fees paid to WCW, West Germany, as revenue expenditure, considering it supplemental to the existing business. Additionally, the payment of technical design fees to foreign collaborators was allowed as a deduction since the know-how was acquired on behalf of another entity and not utilized by the assessee. The Court disposed of the reference in favor of the assessee with no order as to costs. en-us Thu, 18 Jan 2001 00:00:00 +0530 Fri, 31 Mar 2017 13:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183868 The High Court allowed the technical know-how fees paid to WCW, West Germany, as revenue expenditure, considering it supplemental to the existing business. Additionally, the payment of technical design fees to foreign collaborators was allowed as a deduction since the know-how was acquired on behalf of another entity and not utilized by the assessee. The Court disposed of the reference in favor of the assessee with no order as to costs. Case-Laws Income Tax Thu, 18 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183868