https://www.taxtmi.com/caselaws?id=441515 The Tribunal found the Assessing Officer's rejection of the expert valuation report and ad-hoc determination of royalty value to be erroneous, directing acceptance of the royalty income in the revised return and deletion of the addition to the total income. The appeal was partly allowed. en-us Fri, 24 Mar 2023 00:00:00 +0530 Thu, 10 Aug 2023 07:58:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441515 The Tribunal found the Assessing Officer's rejection of the expert valuation report and ad-hoc determination of royalty value to be erroneous, directing acceptance of the royalty income in the revised return and deletion of the addition to the total income. The appeal was partly allowed. Case-Laws Income Tax Fri, 24 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441515