https://www.taxtmi.com/caselaws?id=70371 The Tribunal held that only the net dividend received from foreign companies should be taxed, not the gross dividend. The Commissioner's request to refer the question of law to the High Court was supported based on the need for consistency with a previous case. The Tribunal emphasized the importance of taxing only the net dividend income and directed the case back to the Bench for further proceedings regarding the taxation of dividend income. en-us Fri, 31 Aug 1984 00:00:00 +0530 Fri, 15 Apr 2011 17:55:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70371 The Tribunal held that only the net dividend received from foreign companies should be taxed, not the gross dividend. The Commissioner's request to refer the question of law to the High Court was supported based on the need for consistency with a previous case. The Tribunal emphasized the importance of taxing only the net dividend income and directed the case back to the Bench for further proceedings regarding the taxation of dividend income. Case-Laws Income Tax Fri, 31 Aug 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70371