https://www.taxtmi.com/caselaws?id=350182 The tribunal partially allowed the appeal, directing the Assessing Officer to reconsider the taxability of payments as royalty under the Income-tax Act and the Double Taxation Avoidance Agreement. The tribunal emphasized the importance of clarity on taxability under the DTAA and the determination of Permanent Establishment in India. It also highlighted errors in the levy of interest under section 234B and directed a review of penalty proceedings under section 271(1)(c), underscoring the need for a comprehensive assessment based on complete details provided by the appellant. en-us Thu, 28 Sep 2017 00:00:00 +0530 Tue, 31 Oct 2017 16:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350182 The tribunal partially allowed the appeal, directing the Assessing Officer to reconsider the taxability of payments as royalty under the Income-tax Act and the Double Taxation Avoidance Agreement. The tribunal emphasized the importance of clarity on taxability under the DTAA and the determination of Permanent Establishment in India. It also highlighted errors in the levy of interest under section 234B and directed a review of penalty proceedings under section 271(1)(c), underscoring the need for a comprehensive assessment based on complete details provided by the appellant. Case-Laws Income Tax Thu, 28 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350182