Deduction at source on dividends prohibited for dividends subject to dividend distribution tax under the amended provision. The amendment adds a proviso that no deduction shall be made in respect of dividends referred to section 115-O, thereby excluding dividends subject to ... Summary
Deduction at source on dividends prohibited for dividends subject to dividend distribution tax under the amended provision.
The amendment adds a proviso that no deduction shall be made in respect of dividends referred to section 115-O, thereby excluding dividends subject to dividend distribution tax from the deduction-at-source provision and altering the scope of withholding obligations under the provision.
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