https://www.taxtmi.com/caselaws?id=55751 The Tribunal held that the appellant's payment for acquiring technical know-how qualifies as revenue expenditure, allowing the deduction of the amount. The Assessing Officer was instructed to permit the deduction and withdraw any depreciation and investment allowance previously granted on the same sum. en-us Fri, 16 Mar 2001 00:00:00 +0530 Mon, 29 Nov 2010 17:55:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55751 The Tribunal held that the appellant's payment for acquiring technical know-how qualifies as revenue expenditure, allowing the deduction of the amount. The Assessing Officer was instructed to permit the deduction and withdraw any depreciation and investment allowance previously granted on the same sum. Case-Laws Income Tax Fri, 16 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55751