Tag: section 115BBDA

Budget 2017-18-Rationalization of taxation of dividend income. Provisions of section 115BBDA not to apply to domestic company and certain funds, trusts etc

Budget 2017-18-Rationalization of taxation of dividend income. Provisions of section 115BBDA not to apply to domestic company and certain funds, trusts etc Budget 2017-18-Rationalization of taxation of dividend income Under the existing provisions of section 115BBDA, income by way of dividend in excess of Rs. 10 lakh is …