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1998 (6) TMI 23

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..... 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 the year 1982 and has been lying undisposed of on the board of this co .....

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..... iness 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 in the manner recommended. Merely obtaining a report from a management .....

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