https://www.taxtmi.com/caselaws?id=39653 The court determined that the expenditure incurred by the assessee for obtaining designs and technical information was revenue in nature, integral to the profit-making process. The sum of Rs. 22,039 was allowed as a deduction under Section 37 of the Income-tax Act, 1961. Each party was to bear its own costs. en-us Thu, 25 Jul 1974 00:00:00 +0530 Mon, 19 Apr 2010 15:06:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39653 The court determined that the expenditure incurred by the assessee for obtaining designs and technical information was revenue in nature, integral to the profit-making process. The sum of Rs. 22,039 was allowed as a deduction under Section 37 of the Income-tax Act, 1961. Each party was to bear its own costs. Case-Laws Income Tax Thu, 25 Jul 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39653