https://www.taxtmi.com/caselaws?id=37260 The court allowed the writ petition, quashed the impugned order, and directed the CBDT to reconsider the application for approval under Section 80MM of the Income Tax Act, 1961. The court emphasized the need to assess whether the contract drawings constitute technical know-how and whether the transfer was for consideration. No costs were awarded. en-us Mon, 26 Mar 1979 00:00:00 +0530 Sat, 27 Mar 2010 16:47:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37260 The court allowed the writ petition, quashed the impugned order, and directed the CBDT to reconsider the application for approval under Section 80MM of the Income Tax Act, 1961. The court emphasized the need to assess whether the contract drawings constitute technical know-how and whether the transfer was for consideration. No costs were awarded. Case-Laws Income Tax Mon, 26 Mar 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37260