https://www.taxtmi.com/caselaws?id=23107 The High Court ruled in favor of the petitioner, quashing the Board's orders and directing approval of the agreement under section 80MM. The court found that the services provided by the petitioner were in connection with technical know-how, as outlined in the agreement. The judgment emphasized the importance of considering the interconnection and interrelationship between the services rendered and the provision of technical know-how, as per the guidelines. The court held that the Board had committed a patent error of law in its assessment and granted relief to the petitioner by making the rule absolute in favor of the petitioner. en-us Wed, 08 Aug 1990 00:00:00 +0530 Wed, 16 Dec 2009 17:36:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23107 The High Court ruled in favor of the petitioner, quashing the Board's orders and directing approval of the agreement under section 80MM. The court found that the services provided by the petitioner were in connection with technical know-how, as outlined in the agreement. The judgment emphasized the importance of considering the interconnection and interrelationship between the services rendered and the provision of technical know-how, as per the guidelines. The court held that the Board had committed a patent error of law in its assessment and granted relief to the petitioner by making the rule absolute in favor of the petitioner. Case-Laws Income Tax Wed, 08 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23107