Dividend exclusion for nonresident companies applies where prescribed Indian dividend arrangements are not in place, limiting section 104. The amendment replaces sub-section (4) of section 104 to provide that section 104 shall not apply to a company which is neither an Indian company nor a company which has made the prescribed arrangements for the declaration and payment of dividends within India, while stating this is without prejudice to the provisions of section 108.
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.
Dividend exclusion for nonresident companies applies where prescribed Indian dividend arrangements are not in place, limiting section 104.
The amendment replaces sub-section (4) of section 104 to provide that section 104 shall not apply to a company which is neither an Indian company nor a company which has made the prescribed arrangements for the declaration and payment of dividends within India, while stating this is without prejudice to the provisions of section 108.
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