1988 (12) TMI 27

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.... the instance of the assessee and the Department in this case. The questions read thus : " (i) Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in not holding that the technical know-how fees paid to the foreign collaborators was a revenue expenditure ? (ii) If the answer to question No. (i) is in the affirmative, then whether, on the facts and in the cir....