https://www.taxtmi.com/acts?id=15971 Where a holding company receives a dividend from a subsidiary and the subsidiary has paid the dividend distribution tax payable on that dividend, if the holding company distributes the same amount as dividend in the same year, that amount shall not be subject to dividend distribution tax; the provision removes the previous restriction that the holding company must not itself be a subsidiary. en-us Fri, 16 Mar 2012 15:56:03 +0530 Fri, 16 Mar 2012 17:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15971 Where a holding company receives a dividend from a subsidiary and the subsidiary has paid the dividend distribution tax payable on that dividend, if the holding company distributes the same amount as dividend in the same year, that amount shall not be subject to dividend distribution tax; the provision removes the previous restriction that the holding company must not itself be a subsidiary. Act-Rules Bills Fri, 16 Mar 2012 15:56:03 +0530 https://www.taxtmi.com/acts?id=15971