Forgot password
New User/ Regiser
⇒ Register to get Live Demo
1992 (3) TMI 123 - AT - Income Tax
Extract:
.......ate s order. Since, the Commissioner has only proposed to take a different view from the one taken by the assessing officer, and section 263 is not being intended for change of opinion, the action of the Commissioner is set aside. On merits, we have already held that, the royalty payment is allowable as revenue. In the result, the assessee succeeds