2026 (6) TMI 374

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....AN For the Petitioner : Mr. N Venkataraman, A.S.G. Mr. Sudarshan Lamba, AOR Mr. Amit Sharma B, Adv. Mr. Prashant Singh Ii, Adv. Mr. Amit Sharma V, Adv. Mr. Aman Jha, Adv. Mr. Nikhil Aradhe, Adv. For the Respondent : Mr. Porus Kaka, Sr. Adv. Mr. Manish Kanth, Adv. Mr. Ashok Mathur, AOR Ms. Shradha Zutshi, Adv. Mr. V Sridharan, Sr. Adv. Ms. Charanya Lakshmikumaran, AOR Ms. Nitum Jain, Adv. Ms.....

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....y the respondent company on amounts declared, distributed and paid as dividend [as defined under the India-UK Double Taxation Avoidance Agreement (DTAA) and the Income Tax] to a resident of UK can be levied at a rate higher than permitted under the treaty; and iii. Whether DDT being an income tax or an identical and/ or substantially similar tax is governed by UK DTAA. It has been brou....

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....oner of Income Tax, Panji Goa and Ors. (Tax Appeal No.5/2004 decided on 28 November, 2025) lays down the correct position in law when it holds that, Dividend Distribution Tax (DDT) is a tax paid by the Company, on dividend income of the shareholder, entitling the shareholder of the benefit of the provisions of Double Taxation Avoidance Agreement (DTAA) between India and UK? (ii) Consideri....