A landmark Bombay High Court judgment confirmed that NRIs and foreign shareholders can claim DTAA benefits on Dividend Distribution Tax (DDT). This ruling ensures that DDT must align with the treaty rate applicable to the taxpayer’s country of residence. The decision opens the door for refund claims where higher DDT was previously deducted, strengthening tax relief options and complia... https://www.dineshaarjav.com/blog-detail/bombay-high-court-rules-dtaa-tax-rate-on-ddt-refund-for-nris-foreign-investors