1981 (4) TMI 69

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..... ion referred, in this reference under s. 256(1) of the I.T. Act, 1961, is as follows: " Whether, on the facts and in the circumstances of the case, the amount of Rs. 11,518 spent by the assessee-company by way of brokerage or commission in obtaining the two premises on lease was an expenditure of revenue nature and is an admissible deduction ?" The amount of Rs. 11,518 spent by the assessee by w .....

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..... brokerage in securing the two premises on lease for its business was an allowable deduction. The correctness of this view is put in issue in the question referred. Shri Joshi, appearing on behalf of the revenue, has fairly brought to our notice a decision of this court which concludes the controversy against the department, viz., CIT v. Hoechst Pharmaceuticals Ltd. [1978] 113 ITR 877, where expens .....

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