https://www.taxtmi.com/caselaws?id=64573 The case involved disputes over the quantum of license fee taxable, applicable tax rate, protective assessment basis, credit for tax paid by HAL, interest charged under sections 215/217, enhancement of income, and grossing up of income. The Commissioner (Appeals) upheld the decision to treat the entire license fee as income, apply a 20% tax rate, tax the amount due in the relevant assessment year, allow credit for tax paid by HAL, delete interest charged under sections 215/217, enhance income by 15% of withheld installments, and uphold grossing up of income at 20%. en-us Thu, 31 Jan 1985 00:00:00 +0530 Tue, 08 Feb 2011 16:24:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64573 The case involved disputes over the quantum of license fee taxable, applicable tax rate, protective assessment basis, credit for tax paid by HAL, interest charged under sections 215/217, enhancement of income, and grossing up of income. The Commissioner (Appeals) upheld the decision to treat the entire license fee as income, apply a 20% tax rate, tax the amount due in the relevant assessment year, allow credit for tax paid by HAL, delete interest charged under sections 215/217, enhance income by 15% of withheld installments, and uphold grossing up of income at 20%. Case-Laws Income Tax Thu, 31 Jan 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64573