Amendment to section 115AD removes exclusion for dividends under section 115-O, expanding clause (a)'s coverage from April 2021. The Finance Act, 2020 omits the words "other than income by way of dividends referred to in section 115-O" from clause (a) of sub-section (1) of section ... Summary
Amendment to section 115AD removes exclusion for dividends under section 115-O, expanding clause (a)'s coverage from April 2021.
The Finance Act, 2020 omits the words "other than income by way of dividends referred to in section 115-O" from clause (a) of sub-section (1) of section 115AD, with effect from 1 April 2021, so that the clause no longer contains an express exclusion for dividend income referred to in the specified dividend provision.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
