https://www.taxtmi.com/forum/issue?id=3695 Where the payor is not a specified foreign company, dividends received by an Indian company are not taxable under 115BBD but are taxable under the general dividend provision (section 56). Deductible amounts are limited to actual revenue expenditures incurred to earn the dividend; capital expenditures are not allowable. en-us Thu, 29 Dec 2011 21:14:01 +0530 Thu, 23 Jan 2025 15:58:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3695 Where the payor is not a specified foreign company, dividends received by an Indian company are not taxable under 115BBD but are taxable under the general dividend provision (section 56). Deductible amounts are limited to actual revenue expenditures incurred to earn the dividend; capital expenditures are not allowable. Discussion-Forum Income Tax Thu, 29 Dec 2011 21:14:01 +0530 https://www.taxtmi.com/forum/issue?id=3695