https://www.taxtmi.com/caselaws?id=16340 The court upheld the validity of the reopening under section 147(b) of the Income-tax Act, 1961. The claim for provision for gratuity was disallowed, and the expenditure on gratuity was deemed not allowable. Regarding the payment for technical know-how fee, the court determined it to be revenue expenditure, thus allowing it. The court ruled in favor of the assessee on the issue of technical know-how fee, while decisions were against the assessee on the reopening and gratuity expenditure. en-us Wed, 24 Dec 1997 00:00:00 +0530 Mon, 07 Sep 2009 11:15:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16340 The court upheld the validity of the reopening under section 147(b) of the Income-tax Act, 1961. The claim for provision for gratuity was disallowed, and the expenditure on gratuity was deemed not allowable. Regarding the payment for technical know-how fee, the court determined it to be revenue expenditure, thus allowing it. The court ruled in favor of the assessee on the issue of technical know-how fee, while decisions were against the assessee on the reopening and gratuity expenditure. Case-Laws Income Tax Wed, 24 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16340