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1980 (8) TMI 14 - HC - Income Tax
Extract:
....... these circumstances, we hold that the conclusion of the Tribunal that the payment of Rs. 48,698 during the relevant period was royalty, was correct. We, therefore, answer the question referred to us in the affirmative, that is, in favour of the assessee and against the Revenue. The Commissioner will pay the costs of this reference to the assessee.