https://www.taxtmi.com/caselaws?id=36360 The court upheld the decision that certain payments made by the assessee were not allowable as revenue expenditure and were for specific services rendered by a German company. The court emphasized the importance of finality and certainty in tax litigations and cited precedents supporting this view. The Tribunal was found unjustified in law in allowing the payments as revenue expenditure. No costs were awarded in this matter. Judge B. N. Misra concurred with the judgment. en-us Thu, 12 Feb 1981 00:00:00 +0530 Mon, 22 Mar 2010 10:10:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36360 The court upheld the decision that certain payments made by the assessee were not allowable as revenue expenditure and were for specific services rendered by a German company. The court emphasized the importance of finality and certainty in tax litigations and cited precedents supporting this view. The Tribunal was found unjustified in law in allowing the payments as revenue expenditure. No costs were awarded in this matter. Judge B. N. Misra concurred with the judgment. Case-Laws Income Tax Thu, 12 Feb 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36360