Commissioner of Income tax-V, vs. M/s. INTRACK INC,

194C; (v) “rent” shall have the same meaning as in clause (i) to the Explanation to section 194-I; (vi) “royalty” shall have the same meaning as in Explanation 2 to clause (vi) of sub- section (1) of section 9; By Finance Act, 2010, the said provision is substituted by the following: Substituted by the Finance Act, 2010, w.e.f

The Commissioner of Income Tax I vs. Mesmer Technologies Ltd

The appeals are allowed in part

Bench: SANJAY KUMAR,M.S.K.JAISWAL

7. Inviting the attention of the Court to the provisions of Section 194J of the Act, it was argued that the phrase “income tax on income comprised therein” has been interpreted by this Court in the case of Commissioner of Income Tax vs. Kalyani Steels Ltd., reported in (2018) 91 taxmann.com 359 (Karnataka), wherein it has been held that