https://www.taxtmi.com/caselaws?id=368098 The High Court condoned a thirty-day delay in re-filing the appeal and allowed the appeal concerning the Assessment Year 2007-08. The Court set aside the Commissioner of Income Tax's order under Section 263 of the Income Tax Act. The Tribunal's decision on royalty and disallowance under Section 40(a)(ia) was remanded for fresh consideration due to observed discrepancies. The High Court directed a re-examination of the royalty issue and declined to remit the inclusion of interest on Fixed Deposit Receipts. The appeal was disposed of without costs, with parties directed to appear before the Tribunal for a hearing. en-us Tue, 18 Sep 2018 00:00:00 +0530 Mon, 01 Oct 2018 09:14:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368098 The High Court condoned a thirty-day delay in re-filing the appeal and allowed the appeal concerning the Assessment Year 2007-08. The Court set aside the Commissioner of Income Tax's order under Section 263 of the Income Tax Act. The Tribunal's decision on royalty and disallowance under Section 40(a)(ia) was remanded for fresh consideration due to observed discrepancies. The High Court directed a re-examination of the royalty issue and declined to remit the inclusion of interest on Fixed Deposit Receipts. The appeal was disposed of without costs, with parties directed to appear before the Tribunal for a hearing. Case-Laws Income Tax Tue, 18 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368098