https://www.taxtmi.com/caselaws?id=297630 The Tribunal ruled in favor of the assessee in a tax dispute regarding royalty income, allowing separate application of provisions for different categories of royalty income. The Tribunal upheld the assessee's method of calculating tax liability on royalty income, emphasizing the independent nature of tax computations for different streams of royalty income. Regarding interest under sections 234A, 234B, and 234C of the IT Act, the Tribunal dismissed the Revenue's appeal for one assessment year and partly allowed it for statistical purposes in other years due to an amendment affecting interest liability. en-us Fri, 07 Sep 2018 00:00:00 +0530 Wed, 15 Sep 2021 08:59:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297630 The Tribunal ruled in favor of the assessee in a tax dispute regarding royalty income, allowing separate application of provisions for different categories of royalty income. The Tribunal upheld the assessee's method of calculating tax liability on royalty income, emphasizing the independent nature of tax computations for different streams of royalty income. Regarding interest under sections 234A, 234B, and 234C of the IT Act, the Tribunal dismissed the Revenue's appeal for one assessment year and partly allowed it for statistical purposes in other years due to an amendment affecting interest liability. Case-Laws Income Tax Fri, 07 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297630