https://www.taxtmi.com/caselaws?id=19634 The court held that gross dividends received by an individual from companies in the United Kingdom should be included as foreign dividend income for the assessment years 1970-71 and 1971-72. The reassessment based on gross dividend income was upheld, emphasizing that the gross amount must be considered the income of the assessee for double taxation relief to apply. The court rejected the argument that only net dividend income should be included, citing previous judgments and the need to avoid taxation anomalies. en-us Tue, 25 Jan 1994 00:00:00 +0530 Sat, 07 Nov 2009 15:56:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19634 The court held that gross dividends received by an individual from companies in the United Kingdom should be included as foreign dividend income for the assessment years 1970-71 and 1971-72. The reassessment based on gross dividend income was upheld, emphasizing that the gross amount must be considered the income of the assessee for double taxation relief to apply. The court rejected the argument that only net dividend income should be included, citing previous judgments and the need to avoid taxation anomalies. Case-Laws Income Tax Tue, 25 Jan 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19634