https://www.taxtmi.com/acts?id=21407 Section 115BBDA subjects aggregate dividend income above a statutory threshold received by a specified resident assessee from domestic companies to a two-part tax: a concessional flat rate on the excess dividend amount and the taxpayer's ordinary income tax computed after excluding that excess; deductions, allowances and loss set-offs are disallowed against the dividend income so taxed, and the section defines "dividend" and "specified assessee" with specified exclusions. en-us Thu, 12 May 2016 12:48:49 +0530 Thu, 28 Aug 2025 14:30:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21407 Section 115BBDA subjects aggregate dividend income above a statutory threshold received by a specified resident assessee from domestic companies to a two-part tax: a concessional flat rate on the excess dividend amount and the taxpayer's ordinary income tax computed after excluding that excess; deductions, allowances and loss set-offs are disallowed against the dividend income so taxed, and the section defines "dividend" and "specified assessee" with specified exclusions. Act-Rules Income Tax Thu, 12 May 2016 12:48:49 +0530 https://www.taxtmi.com/acts?id=21407