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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 company has paid DDT if payable under section 115-O, if any or any dividend from its foreign subsidiary company on which the tax is payable by holding company under section 115BBD, then, such dividend shall be reduced from the dividend declared / pa .....

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