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Reduction in Dividend Distribution Tax [Sec. 115-O(1A)]

Income Tax - Income from Other Sources - 10 - SEC - 115-O(1A): REDUCTION IN DIVIDEND DISTRIBUTION TAX CASE-1: If any domestic holding company receives during the financial year any dividend from its domestic subsidiary company on which the subsidiary .....

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id/ distributed by the domestic holding company during the financial year. Note: Holding company should hold more than 50% of equity share capital of domestic subsidiary company and foreign subsidiary company. Provided that the same amount of dividen .....

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