https://www.taxtmi.com/caselaws?id=58284 The Tribunal dismissed the appeal, upholding the CIT (A)'s decision to include the dividend income of Rs. 68,04,000 in the assessment year 1980-81 and rejecting the application of Rule 115 for converting the dividend income received in US Dollars. The Tribunal also directed that credit for the tax deducted at source should be allowed. en-us Mon, 03 Aug 1987 00:00:00 +0530 Sat, 18 Dec 2010 12:57:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58284 The Tribunal dismissed the appeal, upholding the CIT (A)'s decision to include the dividend income of Rs. 68,04,000 in the assessment year 1980-81 and rejecting the application of Rule 115 for converting the dividend income received in US Dollars. The Tribunal also directed that credit for the tax deducted at source should be allowed. Case-Laws Income Tax Mon, 03 Aug 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58284