2021 (12) TMI 1449 - HC - Income Tax

Income accrued in India - Indo Oman DTAA - dividend income was taxable but exempted under Omani Law - HELD THAT - A perusal of the paper book reveals that the issues raised in the present appeal are no longer res integra as the Coordinate Bench 2017 (4) TMI 1035 - DELHI HIGH COURT has dismissed the revenue s appeal on similar grounds.

Summary

The High Court dismissed the appeal challenging an ITAT order regarding the taxation of dividend income under Indo Oman DTAA. The appeal was dismissed as a Coordinate Bench had already ruled on similar grounds in ITA 578/2016, with no stay on that judgment.