Inter corporate dividend rebate must be computed on net dividend after deductible expenses, with audits to ensure compliance. The rebate on inter corporate dividend must be computed on the net dividend income after deducting expenses incurred in earning that dividend; assessing ... Summary
Inter corporate dividend rebate must be computed on net dividend after deductible expenses, with audits to ensure compliance.
The rebate on inter corporate dividend must be computed on the net dividend income after deducting expenses incurred in earning that dividend; assessing officers must apply this mode of calculation and Internal Audit teams must report any deviations to ensure compliance.
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