https://www.taxtmi.com/caselaws?id=797843 Licence-fee valuation for a limited right to use patents was resolved through a lump-sum estimate because independent expert reports applying the cost approach produced materially different results, while the departmental valuation relied on objections lacking comparable domain expertise. The appellate estimation power was used only in these exceptional factual circumstances and was expressly treated as non-precedential. The licence fee attributable to the limited-use patent right was estimated at USD 900,000, requiring consequential computation of taxable royalty income. en-us Mon, 10 Aug 2026 00:00:00 +0530 Fri, 28 Aug 2026 20:42:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797843 Licence-fee valuation for a limited right to use patents was resolved through a lump-sum estimate because independent expert reports applying the cost approach produced materially different results, while the departmental valuation relied on objections lacking comparable domain expertise. The appellate estimation power was used only in these exceptional factual circumstances and was expressly treated as non-precedential. The licence fee attributable to the limited-use patent right was estimated at USD 900,000, requiring consequential computation of taxable royalty income. Case-Laws Income Tax Mon, 10 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797843