https://www.taxtmi.com/acts?id=17184 Domestic companies may reduce their distributable profit base by dividends received from subsidiaries during the financial year where the domestic subsidiary has paid the tax on that dividend or where the domestic company is liable to pay tax on dividends from a foreign subsidiary, with a proviso to prevent the same dividend being reduced more than once. en-us Fri, 01 Mar 2013 17:49:42 +0530 Sat, 02 Mar 2013 11:33:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17184 Domestic companies may reduce their distributable profit base by dividends received from subsidiaries during the financial year where the domestic subsidiary has paid the tax on that dividend or where the domestic company is liable to pay tax on dividends from a foreign subsidiary, with a proviso to prevent the same dividend being reduced more than once. Act-Rules Bills Fri, 01 Mar 2013 17:49:42 +0530 https://www.taxtmi.com/acts?id=17184