https://www.taxtmi.com/caselaws?id=466674 Tribunal applied prior-year coordinate-bench precedents to sustain the taxpayer's challenges to multiple assessment adjustments: several disallowances were reversed or partly allowed, specific items (royalty and management service fees treatment under export-deduction adjustments, retirement pension provision, and certain investment-incentive deductions) were ruled for the assessee, and other contested items were remanded to the Assessing Officer for recomputation or verification consistent with earlier directions. On transfer characterization the Tribunal accepted a registered valuer's going-concern/yield valuation and held the lump-sum transfer to be a slump sale; the purchaser's post-acquisition asset allocation did not convert the transaction into itemised sales, with capital gains treatment favouring the assessee. en-us Fri, 28 Jul 2017 00:00:00 +0530 Fri, 13 Feb 2026 13:18:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466674 Tribunal applied prior-year coordinate-bench precedents to sustain the taxpayer's challenges to multiple assessment adjustments: several disallowances were reversed or partly allowed, specific items (royalty and management service fees treatment under export-deduction adjustments, retirement pension provision, and certain investment-incentive deductions) were ruled for the assessee, and other contested items were remanded to the Assessing Officer for recomputation or verification consistent with earlier directions. On transfer characterization the Tribunal accepted a registered valuer's going-concern/yield valuation and held the lump-sum transfer to be a slump sale; the purchaser's post-acquisition asset allocation did not convert the transaction into itemised sales, with capital gains treatment favouring the assessee. Case-Laws Income Tax Fri, 28 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466674