https://www.taxtmi.com/caselaws?id=785959 For dividend distributions to nonresident shareholders who are tax residents of the United Kingdom, the tribunal applied the lower treaty rate under the IndiaUK DTAA rather than the higher domestic dividend distribution tax, directing the assessing officer to restrict tax on dividends to the treaty rate and refund excess tax paid. The tribunal also found that additional interest on incremental income crystallised only after execution of an advance pricing agreement was not chargeable, directing deletion and refund of such interest. The assessing officer is further directed to verify and grant claimed taxdeductedatsource credits in the modified return. en-us Thu, 29 Jan 2026 00:00:00 +0530 Tue, 03 Feb 2026 08:39:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785959 For dividend distributions to nonresident shareholders who are tax residents of the United Kingdom, the tribunal applied the lower treaty rate under the IndiaUK DTAA rather than the higher domestic dividend distribution tax, directing the assessing officer to restrict tax on dividends to the treaty rate and refund excess tax paid. The tribunal also found that additional interest on incremental income crystallised only after execution of an advance pricing agreement was not chargeable, directing deletion and refund of such interest. The assessing officer is further directed to verify and grant claimed taxdeductedatsource credits in the modified return. Case-Laws Income Tax Thu, 29 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785959