https://www.taxtmi.com/caselaws?id=35790 The court held that the Rajasthan High Court's decision constituted valid information under section 147(b), justifying the reopening of the assessment concerning royalty payments. However, the action under section 147(b) regarding the deduction of London office management expenses was deemed valid, overturning the Tribunal's decision. Each party was ordered to bear its own costs. en-us Wed, 11 Jun 1980 00:00:00 +0530 Tue, 16 Mar 2010 16:19:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35790 The court held that the Rajasthan High Court's decision constituted valid information under section 147(b), justifying the reopening of the assessment concerning royalty payments. However, the action under section 147(b) regarding the deduction of London office management expenses was deemed valid, overturning the Tribunal's decision. Each party was ordered to bear its own costs. Case-Laws Income Tax Wed, 11 Jun 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35790