2000 (9) TMI 995

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....axmi Iyengar, Advocate ORDER The question with which the High Court was concerned read thus : "Whether, on the facts and in the circumstances of the case, the Tribunal was right in law to hold that the provisions of section 43B of the Income-tax Act, 1961, were not applicable to the unpaid liability towards royalty payment of Rs. 76,956 since royalty was neither tax nor duty ?" T....