J.P TOBACO PRODUCTS PVT. LTD. vs. ASSISTANT COMMISSIONER OF INCOME TAX,

In the result, both the appeals of the assessee are allowed

Bench: Shri Bhavnesh Saini & Shri Sanjay Arora

195 or the income of a foreign company referred to in sub-section (2) of section 196A or the income from units referred to in section 196Bor the income from foreign currency bonds or shares of an Indian company referred to in section 196C or the income of Foreign Institutional Investors from securities referred to in section 196D is credited