https://www.taxtmi.com/caselaws?id=191981 Dividend grossing up under the Income-tax Act is confined to the Indian income-tax payable by the company on its total income, and the shareholder's credit is limited to the amount treated as paid on his behalf in respect of that Indian tax. Tax paid by the company in the United Kingdom cannot be included in the grossed-up dividend, because the grossing-up and credit provisions are self-contained and do not extend to foreign tax. Section 49B, dealing with refund, operates in a different field and does not enlarge the scope of grossing up. The question was answered in the negative. en-us Fri, 31 Aug 1951 00:00:00 +0530 Sat, 06 May 2017 16:54:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191981 Dividend grossing up under the Income-tax Act is confined to the Indian income-tax payable by the company on its total income, and the shareholder's credit is limited to the amount treated as paid on his behalf in respect of that Indian tax. Tax paid by the company in the United Kingdom cannot be included in the grossed-up dividend, because the grossing-up and credit provisions are self-contained and do not extend to foreign tax. Section 49B, dealing with refund, operates in a different field and does not enlarge the scope of grossing up. The question was answered in the negative. Case-Laws Income Tax Fri, 31 Aug 1951 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191981