https://www.taxtmi.com/caselaws?id=292054 Interest received under section 244A was held taxable status-wise in line with an earlier coordinate bench decision in the assessee's own case, following the applicable Special Bench view under the treaty framework, and the same conclusion was applied for the year under appeal. Credit for TDS, advance tax and self-assessment tax was directed to be allowed after verification by the Assessing Officer. Distribution and advertisement revenue was also dealt with consistently with earlier binding or coordinate bench rulings, and the Revenue's attempt to tax such receipts was rejected. The result was partial relief for the assessee and dismissal of the Revenue's grounds. en-us Wed, 21 Jun 2017 00:00:00 +0530 Wed, 13 Nov 2024 12:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292054 Interest received under section 244A was held taxable status-wise in line with an earlier coordinate bench decision in the assessee's own case, following the applicable Special Bench view under the treaty framework, and the same conclusion was applied for the year under appeal. Credit for TDS, advance tax and self-assessment tax was directed to be allowed after verification by the Assessing Officer. Distribution and advertisement revenue was also dealt with consistently with earlier binding or coordinate bench rulings, and the Revenue's attempt to tax such receipts was rejected. The result was partial relief for the assessee and dismissal of the Revenue's grounds. Case-Laws Income Tax Wed, 21 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292054