1998 (6) TMI 23

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....ABU J.--The question referred to us at the instance of the Revenue is as to whether, on the facts and in the circumstances of the case, the Appellate Tribunal was right in holding that the sum of Rs. 70,000 paid to A F. Ferguson and Company, Chartered Accountants, Bombay, was an admissible deduction in computing the income of the assessee for the assessment year 1974-75 ? This tax case is of th....

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....the intention of bringing about improvements in the way it did its business had sought and obtained reports of the consultants, so that efficiency of the business could be increased by employing better methods and re-organising the business itself to the extent required. The fact that it sought such device did not imply that it would accept all the advice that was tendered and would implement it i....