https://www.taxtmi.com/circulars?id=10261 Dividends are relevant for additional income tax only if actually distributed within the said period of twelve months following the end of the previous year to which assessment relates; dividends paid after that twelve month period must be excluded. The Finance Act, 1973 effected this timing amendment, which applies from the assessment year 1974 75 onward, and income tax officers must ensure only distributions within the prescribed post year period are taken into account when proposing orders under the relevant provisions. en-us Wed, 09 Oct 1974 00:00:00 +0530 Mon, 13 Jun 2011 12:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10261 Dividends are relevant for additional income tax only if actually distributed within the said period of twelve months following the end of the previous year to which assessment relates; dividends paid after that twelve month period must be excluded. The Finance Act, 1973 effected this timing amendment, which applies from the assessment year 1974 75 onward, and income tax officers must ensure only distributions within the prescribed post year period are taken into account when proposing orders under the relevant provisions. Circulars Income Tax Wed, 09 Oct 1974 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10261