Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
Dividend exemption removed: earlier exemption for dividends from specified industrial undertakings and hotels is omitted. Section 85 of the Income-tax Act has been omitted. Previously it exempted from income-tax dividends paid or deemed paid to a shareholder by an industrial undertaking or a hotel to which section 84 applied, to the extent those dividends were attributable to profits on which tax was not payable under section 84.
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 exemption removed: earlier exemption for dividends from specified industrial undertakings and hotels is omitted.
Section 85 of the Income-tax Act has been omitted. Previously it exempted from income-tax dividends paid or deemed paid to a shareholder by an industrial undertaking or a hotel to which section 84 applied, to the extent those dividends were attributable to profits on which tax was not payable under section 84.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.