https://www.taxtmi.com/caselaws?id=11637 The court held that a non-resident Indian (NRI) with only investment income is entitled to claim a rebate under section 88 of the Income-tax Act, 1961. The court found that the legislative framework does not explicitly prohibit the rebate for NRIs with only investment income. Consequently, the Tribunal's decision on the prima facie adjustment under section 143(1)(a) was deemed unnecessary to address, as the assessee was entitled to the rebate. The court ruled in favor of the assessee, allowing the rebate under section 88 and disposing of the tax reference accordingly. en-us Tue, 28 Jan 2003 00:00:00 +0530 Thu, 04 Feb 2010 12:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11637 The court held that a non-resident Indian (NRI) with only investment income is entitled to claim a rebate under section 88 of the Income-tax Act, 1961. The court found that the legislative framework does not explicitly prohibit the rebate for NRIs with only investment income. Consequently, the Tribunal's decision on the prima facie adjustment under section 143(1)(a) was deemed unnecessary to address, as the assessee was entitled to the rebate. The court ruled in favor of the assessee, allowing the rebate under section 88 and disposing of the tax reference accordingly. Case-Laws Income Tax Tue, 28 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11637