https://www.taxtmi.com/caselaws?id=308809 A Coordinate Bench's earlier dismissal of the Revenue's appeal on identical issues was treated as binding because no stay of that judgment existed. The High Court therefore declined to reopen the same questions concerning the taxability of dividend income, its exemption under Omani law, and entitlement under the Indo-Oman DTAA. As the issues were already decided against the Revenue in the earlier appeal, the present departmental appeal was disposed of by following that precedent rather than by fresh merits adjudication, and the pending application was also dismissed. en-us Mon, 20 Dec 2021 00:00:00 +0530 Mon, 24 Jul 2023 21:19:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308809 A Coordinate Bench's earlier dismissal of the Revenue's appeal on identical issues was treated as binding because no stay of that judgment existed. The High Court therefore declined to reopen the same questions concerning the taxability of dividend income, its exemption under Omani law, and entitlement under the Indo-Oman DTAA. As the issues were already decided against the Revenue in the earlier appeal, the present departmental appeal was disposed of by following that precedent rather than by fresh merits adjudication, and the pending application was also dismissed. Case-Laws Income Tax Mon, 20 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308809