https://www.taxtmi.com/caselaws?id=756272 The HC permitted the petitioner to repatriate Rs. 97 crores as royalty, subject to tax deduction, modifying Clause 7(iv) of a prior order that restricted such repatriation during ongoing search assessment proceedings. The court emphasized the petitioner's contractual compliance and urged the respondents to expedite assessment completion by 31 December 2024. The issue of dividend repatriation was deferred, with a review set for 14 February 2025 to assess case progress. The petitioner must provide repatriation details to the respondents and cooperate fully in the assessment process. en-us Fri, 09 Feb 2024 00:00:00 +0530 Tue, 30 Jul 2024 16:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756272 The HC permitted the petitioner to repatriate Rs. 97 crores as royalty, subject to tax deduction, modifying Clause 7(iv) of a prior order that restricted such repatriation during ongoing search assessment proceedings. The court emphasized the petitioner's contractual compliance and urged the respondents to expedite assessment completion by 31 December 2024. The issue of dividend repatriation was deferred, with a review set for 14 February 2025 to assess case progress. The petitioner must provide repatriation details to the respondents and cooperate fully in the assessment process. Case-Laws Income Tax Fri, 09 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756272