Dear
Assessee Co. received dividend from one of our foreign subsidiary. Total income of the assessee company incl dividend received from foreign subsidiary stands negative.
Please share your views on taxability of dividend @15% under section 115BBD where total income of the assessee incl divdend stands negative.
Regards
Sanjiv
Clarification sought on taxability of foreign subsidiary dividends under section 115BBD when total income is negative. An individual inquired about the taxability of dividends received from a foreign subsidiary, specifically under section 115BBD, when the total income, including the dividend, is negative. The response from a participant asked if the issue had been clarified, indicating there might be further discussion or need for clarification on the matter. (AI Summary)
TaxTMI 
TaxTMI 
