https://www.taxtmi.com/highlights?id=96567 Applicability of reduced treaty rate to dividends: the tribunal applied the IndiaUK DTAA's lower dividend rate, relying on a recent Bombay HC precedent, and directed DDT to be charged at 10% with refund of excess DDT paid. Levy of postassessment interest after an advance pricing agreement: the tribunal found the incremental income crystallised only on signing the APA and therefore advance tax could not reasonably be paid earlier; it directed deletion and refund of additional interest levied. Short grant of TDS credit: the assessing officer is directed to verify and grant TDS credit as claimed in the modified return under applicable law. en-us Tue, 03 Feb 2026 12:02:17 +0530 Tue, 03 Feb 2026 12:02:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=96567 Applicability of reduced treaty rate to dividends: the tribunal applied the IndiaUK DTAA's lower dividend rate, relying on a recent Bombay HC precedent, and directed DDT to be charged at 10% with refund of excess DDT paid. Levy of postassessment interest after an advance pricing agreement: the tribunal found the incremental income crystallised only on signing the APA and therefore advance tax could not reasonably be paid earlier; it directed deletion and refund of additional interest levied. Short grant of TDS credit: the assessing officer is directed to verify and grant TDS credit as claimed in the modified return under applicable law. Highlights Income Tax Tue, 03 Feb 2026 12:02:17 +0530 https://www.taxtmi.com/highlights?id=96567