https://www.taxtmi.com/caselaws?id=56142 The Tribunal ruled in favor of the assessee on various issues, including the non-applicability of Section 43B to royalty payments, disallowance of sales-tax reimbursed to the government, and deduction of royalty payments not pertaining to the current year. The Tribunal directed the Assessing Officer to ensure no double deduction was allowed and confirmed the allowance of certain expenses and liabilities. The assessee's appeal was partly allowed, and the department's appeal was dismissed, with detailed reasoning provided for each issue based on legal precedents and statutory provisions. en-us Fri, 08 Jul 1994 00:00:00 +0530 Wed, 01 Dec 2010 18:29:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56142 The Tribunal ruled in favor of the assessee on various issues, including the non-applicability of Section 43B to royalty payments, disallowance of sales-tax reimbursed to the government, and deduction of royalty payments not pertaining to the current year. The Tribunal directed the Assessing Officer to ensure no double deduction was allowed and confirmed the allowance of certain expenses and liabilities. The assessee's appeal was partly allowed, and the department's appeal was dismissed, with detailed reasoning provided for each issue based on legal precedents and statutory provisions. Case-Laws Income Tax Fri, 08 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56142