Royalty income, uncertain in collection, cannot be taxed merely due to TDS deduction

Weir Mineral (India) Pvt. Ltd Vs DCIT (ITAT Delhi) ITAT Delhi held that royalty income, whose ultimate collection was uncertain and unrecognized in the books by the assessee, cannot be added as undisclosed professional income merely because TDS was deducted on such income 1. Facts of the Case Assessee: M/s. Weir Mineral (India) Pvt. Ltd., engaged in the business of manufacturing slurry pumps, valves, spare parts, and related design support services. Assessment Year: AY 2012–13. Return filed: Declared total income of ₹19,38,19,758. Assessment completed u/s 143(3): AO made...