https://www.taxtmi.com/caselaws?id=36573 The High Court directed the Tribunal to take additional evidence on crucial issues regarding the nature of expenses incurred by the assessee company, particularly focusing on technical "know-how" under Article 3 of the agreement. The Tribunal's failure to establish these facts necessitated further examination to determine whether the expenses should be classified as revenue or capital. The Court instructed the Tribunal to allow the parties to present their arguments and dispose of the appeal accordingly, following a precedent set by the Supreme Court in a similar case. The judgment was delivered unanimously with no order as to costs. en-us Tue, 05 Feb 1980 00:00:00 +0530 Tue, 23 Mar 2010 12:17:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36573 The High Court directed the Tribunal to take additional evidence on crucial issues regarding the nature of expenses incurred by the assessee company, particularly focusing on technical "know-how" under Article 3 of the agreement. The Tribunal's failure to establish these facts necessitated further examination to determine whether the expenses should be classified as revenue or capital. The Court instructed the Tribunal to allow the parties to present their arguments and dispose of the appeal accordingly, following a precedent set by the Supreme Court in a similar case. The judgment was delivered unanimously with no order as to costs. Case-Laws Income Tax Tue, 05 Feb 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36573