Dividend received by FII on Indian Depository Receipts in its UK bank account cannot be taxed in India.
Barclays Capital Mauritius Limited v. ACIT – [2023] 146 taxmann.com 134 (Mumbai – Trib.).
Barclays Capital Mauritius Limited v. ACIT – [2023] 146 taxmann.com 134 (Mumbai – Trib.).