https://www.taxtmi.com/caselaws?id=27551 The Bombay High Court retained jurisdiction over a case involving delayed petition filing and approval sought for service and know-how agreements. Despite the delay, the court proceeded with the case, emphasizing the strength of the petitioner's merits. The court directed the tax authority to consider the application for approval of the know-how agreement, acknowledging the petitioner's oversight in initially seeking approval only for the service agreement. Ultimately, the court ruled in favor of the petitioner, directing the tax authority to review the application for the know-how agreement based on its merits, with costs to be borne by the petitioner. en-us Fri, 09 Dec 1983 00:00:00 +0530 Sat, 13 Feb 2010 15:28:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27551 The Bombay High Court retained jurisdiction over a case involving delayed petition filing and approval sought for service and know-how agreements. Despite the delay, the court proceeded with the case, emphasizing the strength of the petitioner's merits. The court directed the tax authority to consider the application for approval of the know-how agreement, acknowledging the petitioner's oversight in initially seeking approval only for the service agreement. Ultimately, the court ruled in favor of the petitioner, directing the tax authority to review the application for the know-how agreement based on its merits, with costs to be borne by the petitioner. Case-Laws Income Tax Fri, 09 Dec 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27551