https://www.taxtmi.com/acts?id=21181 No dividend distribution tax shall be chargeable on dividends paid by a domestic company to a business trust out of current income from the specified date, except where distributions are from accumulated profits and current profits up to that date; separately, dividends paid out of current income by a unit of an International Financial Services Centre that derives income solely in convertible foreign exchange are also exempt from dividend distribution tax, with definitions provided for specified domestic company, specified date, International Financial Services Centre, unit and convertible foreign exchange. en-us Fri, 06 May 2016 16:39:23 +0530 Wed, 03 May 2017 13:13:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21181 No dividend distribution tax shall be chargeable on dividends paid by a domestic company to a business trust out of current income from the specified date, except where distributions are from accumulated profits and current profits up to that date; separately, dividends paid out of current income by a unit of an International Financial Services Centre that derives income solely in convertible foreign exchange are also exempt from dividend distribution tax, with definitions provided for specified domestic company, specified date, International Financial Services Centre, unit and convertible foreign exchange. Act-Rules F. Acts / Amendment Acts Fri, 06 May 2016 16:39:23 +0530 https://www.taxtmi.com/acts?id=21181