https://www.taxtmi.com/caselaws?id=287865 The court treats entitlement to rebate for tax grossed-up on dividends as linked to the person registered as shareholder in the company's register; the statutory term 'shareholder' denotes the registered holder who is alone entitled to dividends. The Tribunal's factual finding that the shares remained in original names and that the assessee was not shown as registered holder was decisive, and prior high-court authorities applying the same principle were applied. Outcome: an unregistered purchaser or beneficial holder whose name does not appear in the register is not entitled to claim the rebate under the governing provision. en-us Mon, 15 Jun 1953 00:00:00 +0530 Wed, 06 May 2020 12:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287865 The court treats entitlement to rebate for tax grossed-up on dividends as linked to the person registered as shareholder in the company's register; the statutory term 'shareholder' denotes the registered holder who is alone entitled to dividends. The Tribunal's factual finding that the shares remained in original names and that the assessee was not shown as registered holder was decisive, and prior high-court authorities applying the same principle were applied. Outcome: an unregistered purchaser or beneficial holder whose name does not appear in the register is not entitled to claim the rebate under the governing provision. Case-Laws Income Tax Mon, 15 Jun 1953 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287865