https://www.taxtmi.com/caselaws?id=27083 The Tribunal allowed the deduction of income from interest and machining charges under section 80E, classified payment to German collaborators as revenue expenditure, deemed managing director's travel expenses as deductible revenue expenditure, and permitted the full deduction for payment to German collaborators in the assessment year 1967-68. The High Court affirmed these decisions in favor of the assessee, ordering the Commissioner to pay the costs of the reference to the assessee. en-us Wed, 22 Aug 1984 00:00:00 +0530 Wed, 10 Feb 2010 16:02:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27083 The Tribunal allowed the deduction of income from interest and machining charges under section 80E, classified payment to German collaborators as revenue expenditure, deemed managing director's travel expenses as deductible revenue expenditure, and permitted the full deduction for payment to German collaborators in the assessment year 1967-68. The High Court affirmed these decisions in favor of the assessee, ordering the Commissioner to pay the costs of the reference to the assessee. Case-Laws Income Tax Wed, 22 Aug 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27083