https://www.taxtmi.com/caselaws?id=775511 Income from investments of a revocable trust settled by a non-resident settlor was treated as not chargeable to tax in India, following binding jurisdictional precedent applying sections 61, 63, 161 and 164 of the Income-tax Act, 1961 together with Article 24 of the India-UAE DTAA. In the absence of any change in facts or law, the tax addition was deleted. The claim for TDS credit was not finally adjudicated by the lower authorities and was restored to the Assessing Officer for verification and grant of credit in accordance with law, resulting in partial relief to the assessee. en-us Mon, 21 Jul 2025 00:00:00 +0530 Sat, 26 Jul 2025 08:39:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775511 Income from investments of a revocable trust settled by a non-resident settlor was treated as not chargeable to tax in India, following binding jurisdictional precedent applying sections 61, 63, 161 and 164 of the Income-tax Act, 1961 together with Article 24 of the India-UAE DTAA. In the absence of any change in facts or law, the tax addition was deleted. The claim for TDS credit was not finally adjudicated by the lower authorities and was restored to the Assessing Officer for verification and grant of credit in accordance with law, resulting in partial relief to the assessee. Case-Laws Income Tax Mon, 21 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775511