https://www.taxtmi.com/caselaws?id=392775 The royalty payment issue was not finally decided on the merits, as the High Court had relied on an earlier precedent adverse to the assessee. The Supreme Court set aside the impugned judgment and restored the appeal to the High Court for fresh consideration on its own merits and in accordance with law. en-us Wed, 19 Feb 2020 00:00:00 +0530 Wed, 17 Jun 2026 11:43:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392775 The royalty payment issue was not finally decided on the merits, as the High Court had relied on an earlier precedent adverse to the assessee. The Supreme Court set aside the impugned judgment and restored the appeal to the High Court for fresh consideration on its own merits and in accordance with law. Case-Laws Income Tax Wed, 19 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392775