Dividend received by company having PE in Oman is not taxable in India

PCIT Vs Krishak Bharti Cooperative Ltd (Supreme Court of India) Supreme Court held that dividend received by the Indian company having permanent establishment (PE) in Oman is not taxable in India in terms of Article 25 read with Article 8 (bis) of the Omani Tax Laws Facts- The assessee is a multi-State Co-operative Society registered in India, under the administrative control of the Department of Fertilizers, Ministry of Agriculture and Co-operation, Government of India. In the course of its business of manufacturing fertilizers, it entered into a joint venture with Oman Oil Company to form th...