https://www.taxtmi.com/caselaws?id=5964 Unpaid royalty liability falls within section 43B of the Income-tax Act because royalty is treated as tax for that purpose. The Court noted that although a later decision revisited the characterisation of royalty, it continued to follow the Constitution Bench ruling in India Cement, which remains the governing principle. On that basis, section 43B applies to unpaid royalty, and the assessee's challenge fails. en-us Tue, 12 Sep 2000 00:00:00 +0530 Tue, 28 Aug 2018 16:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5964 Unpaid royalty liability falls within section 43B of the Income-tax Act because royalty is treated as tax for that purpose. The Court noted that although a later decision revisited the characterisation of royalty, it continued to follow the Constitution Bench ruling in India Cement, which remains the governing principle. On that basis, section 43B applies to unpaid royalty, and the assessee's challenge fails. Case-Laws Income Tax Tue, 12 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5964