https://www.taxtmi.com/caselaws?id=18869 The court ruled in favor of the assessee on the issue of fee for technical services as revenue expenditure under section 37 of the Income-tax Act. However, the court sided with the Revenue regarding the commission paid to the managing director under section 40(c). The assessee was granted deduction under section 80V for interest disallowed under section 40A(8), and the court allowed the deduction of Rs. 74,124 from the provision for gratuity. The court's decisions were in favor of the assessee on all counts, with no costs ordered. en-us Tue, 25 Apr 1995 00:00:00 +0530 Mon, 02 Nov 2009 14:14:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18869 The court ruled in favor of the assessee on the issue of fee for technical services as revenue expenditure under section 37 of the Income-tax Act. However, the court sided with the Revenue regarding the commission paid to the managing director under section 40(c). The assessee was granted deduction under section 80V for interest disallowed under section 40A(8), and the court allowed the deduction of Rs. 74,124 from the provision for gratuity. The court's decisions were in favor of the assessee on all counts, with no costs ordered. Case-Laws Income Tax Tue, 25 Apr 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18869