Tax rates for specified direct taxes: book profit, distributed profits, distributed income, branch profits and net wealth taxed. Rates for specified direct taxes are prescribed: a fixed rate on book profit; a rate on dividends paid by domestic companies; rates on distributions by equity oriented mutual funds and approved equity oriented life insurance schemes; a rate on branch profits; and a net wealth tax with nil incidence below a threshold and a marginal charge above that threshold.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tax rates for specified direct taxes: book profit, distributed profits, distributed income, branch profits and net wealth taxed.
Rates for specified direct taxes are prescribed: a fixed rate on book profit; a rate on dividends paid by domestic companies; rates on distributions by equity oriented mutual funds and approved equity oriented life insurance schemes; a rate on branch profits; and a net wealth tax with nil incidence below a threshold and a marginal charge above that threshold.
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