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<h1>Corporation Tax Defined in Article 366(6): Key Conditions and Exemptions for Companies in India Explained</h1> Corporation tax, as defined in Article 366(6) of the Indian Constitution, refers to a tax on income payable by companies, subject to specific conditions: it is not applicable to agricultural income, no deductions are allowed from dividends paid to individuals for the tax paid by companies, and the tax paid is not considered when calculating the total income or Indian income-tax obligations of individuals receiving such dividends.