https://www.taxtmi.com/caselaws?id=10610 The High Court upheld the Tribunal's decision, ruling in favor of the assessee. It held that the tax deducted at source on dividends diverted to the State Government pertained to the assessee, as the State Government was not assessable under the Income-tax Act. The Court determined that the assessee had borne the tax burden entirely, making any further tax collection futile. Consequently, the Court answered in the affirmative, favoring the assessee and ruling against the Revenue. en-us Thu, 02 Sep 2004 00:00:00 +0530 Mon, 20 Jul 2009 11:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10610 The High Court upheld the Tribunal's decision, ruling in favor of the assessee. It held that the tax deducted at source on dividends diverted to the State Government pertained to the assessee, as the State Government was not assessable under the Income-tax Act. The Court determined that the assessee had borne the tax burden entirely, making any further tax collection futile. Consequently, the Court answered in the affirmative, favoring the assessee and ruling against the Revenue. Case-Laws Income Tax Thu, 02 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10610