https://www.taxtmi.com/caselaws?id=58499 The appeals by the assessee were dismissed. The court upheld the completion of assessment within the prescribed time limit under s. 153(1)(iii), taxation of royalty income on an accrual basis, rejection of income accrual in the next year for specific contracts, and granting credit for tax deducted at source for royalty income. en-us Thu, 03 Apr 1986 00:00:00 +0530 Mon, 20 Dec 2010 12:36:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58499 The appeals by the assessee were dismissed. The court upheld the completion of assessment within the prescribed time limit under s. 153(1)(iii), taxation of royalty income on an accrual basis, rejection of income accrual in the next year for specific contracts, and granting credit for tax deducted at source for royalty income. Case-Laws Income Tax Thu, 03 Apr 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58499