https://www.taxtmi.com/caselaws?id=117988 The Tribunal set aside the CIT(A)'s decision disallowing deduction under section 80RR for royalty income, directing a reevaluation of eligibility conditions. Emphasizing the need for a direct nexus between the income and the profession, the Tribunal highlighted the lack of evidence regarding income source and foreign exchange remittance. Stressing the independence of each assessment year, it granted the CIT(A) the chance to reassess the issue, focusing on the appellant's foreign source income from music copyrights for cassettes and records. Previous deductions were not specifically addressed, leaving room for reconsideration. The appeal was allowed for statistical purposes. en-us Mon, 23 Aug 2004 00:00:00 +0530 Wed, 27 Jun 2012 16:58:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117988 The Tribunal set aside the CIT(A)'s decision disallowing deduction under section 80RR for royalty income, directing a reevaluation of eligibility conditions. Emphasizing the need for a direct nexus between the income and the profession, the Tribunal highlighted the lack of evidence regarding income source and foreign exchange remittance. Stressing the independence of each assessment year, it granted the CIT(A) the chance to reassess the issue, focusing on the appellant's foreign source income from music copyrights for cassettes and records. Previous deductions were not specifically addressed, leaving room for reconsideration. The appeal was allowed for statistical purposes. Case-Laws Income Tax Mon, 23 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117988