ITAT dismisses refund of excess DDT paid to non resident company [Read Order]

The Income Tax Appellate Tribunal ( ITAT ), Delhi bench, dismissed the refund of excess Dividend Distribution Tax- DDT paid to non-resident companies. The assessee, Sennheiser Electronics India Private Limited, is engaged in the business of sales and distribution of headphones, microphones, monitoring systems, tour guide systems, and aviation headsets. It imports goods from Sennheiser…