TMI BlogInsertion of new section 115 BBDA-Tax on certain dividends received from domestic companies. - any...Insertion of new section 115 BBDA-Tax on certain dividends received from domestic companies. - any income by way of dividend declared, distributed or paid by a domestic company, in excess of ten lakh rupees shall be chargeable to tax at the rate of ten per cent. in the case of an individual, Hindu undivided family or a firm who is a resident in India. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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