https://www.taxtmi.com/caselaws?id=9252 Dividend income accruing in the United Kingdom and other non-taxable territories, where tax was deducted under the UK income-tax system, was treated as tax paid by deduction for relief under section 49D of the Indian Income-tax Act, 1922. The Court accepted that such deduction amounted to payment of income-tax for the statutory relief provision, and applied the same construction previously adopted by another High Court on an all-India statute. On that basis, the assessee was entitled to relief in respect of the dividend income, and the referred questions were answered in the affirmative. en-us Wed, 18 Oct 1972 00:00:00 +0530 Sat, 20 Jun 2009 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9252 Dividend income accruing in the United Kingdom and other non-taxable territories, where tax was deducted under the UK income-tax system, was treated as tax paid by deduction for relief under section 49D of the Indian Income-tax Act, 1922. The Court accepted that such deduction amounted to payment of income-tax for the statutory relief provision, and applied the same construction previously adopted by another High Court on an all-India statute. On that basis, the assessee was entitled to relief in respect of the dividend income, and the referred questions were answered in the affirmative. Case-Laws Income Tax Wed, 18 Oct 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9252