{"id":23240,"date":"2021-12-21T16:55:44","date_gmt":"2021-12-21T11:25:44","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dcit-v-indian-oil-petronas-p-ltd-2021-189-itd-490-kol-trib\/"},"modified":"2022-06-09T06:00:37","modified_gmt":"2022-06-09T00:30:37","slug":"dcit-v-indian-oil-petronas-p-ltd-2021-189-itd-490-kol-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dcit-v-indian-oil-petronas-p-ltd-2021-189-itd-490-kol-trib\/","title":{"rendered":"DCIT v. Indian Oil Petronas (P.) Ltd. (2021) 189 ITD 490\/ 214 TTJ 123 \/ 207 DTR 131  (Kol.) (Trib.)"},"content":{"rendered":"<p>Tribunal held that rate of tax payable on dividend distributed to non-resident shareholders would depend upon relevant Article of DTAA entered into between India and country to which non-resident belongs, subject to conditions that dividend is paid to non-resident shareholder, dividend constitutes income in hands of non-resident shareholder,\u00a0 non-resident shareholder is beneficial owner of dividend and\u00a0 non-resident shareholder does not have a Permanent Establishment in India. Matter remanded.\u00a0 (AY. 2013-14, 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 115-O : Domestic companies-Tax on distributed profits-Rate in force-Non-Resident share holders-Double Taxation avoidance agreement-DTAA being more beneficial to assessee would be applicable over rate specified in section 115-O-Matter remanded. [S. 2(37A), 4,  90]  <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-23240","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-62Q","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=23240"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23240\/revisions"}],"predecessor-version":[{"id":27335,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23240\/revisions\/27335"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=23240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=23240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=23240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}