Foreign company dividend taxation: clauses (i) and (iii) excluded when computing dividend income, definition tied to statutory cross reference. Amendment inserts a proviso and Explanation to exclude clauses (i) and (iii) from applying when computing income by way of dividends of an assessee that is a foreign company, and states that 'foreign company' shall have the same meaning as in the statutory cross reference for the definition.
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.
Foreign company dividend taxation: clauses (i) and (iii) excluded when computing dividend income, definition tied to statutory cross reference.
Amendment inserts a proviso and Explanation to exclude clauses (i) and (iii) from applying when computing income by way of dividends of an assessee that is a foreign company, and states that "foreign company" shall have the same meaning as in the statutory cross reference for the definition.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.