https://www.taxtmi.com/caselaws?id=28405 The High Court affirmed the Tribunal's decision that no interest accrued to the assessee for the relevant assessment years and that interest was to be charged only if ICI India actually received dividends from ACCI. The Court emphasized the conditional nature of the arrangement and upheld the Tribunal's findings based on the evidence and correspondence presented. The parties were ordered to bear their own costs. en-us Tue, 11 Jan 1983 00:00:00 +0530 Mon, 22 Feb 2010 12:43:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28405 The High Court affirmed the Tribunal's decision that no interest accrued to the assessee for the relevant assessment years and that interest was to be charged only if ICI India actually received dividends from ACCI. The Court emphasized the conditional nature of the arrangement and upheld the Tribunal's findings based on the evidence and correspondence presented. The parties were ordered to bear their own costs. Case-Laws Income Tax Tue, 11 Jan 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28405