https://www.taxtmi.com/highlights?id=36159 Set off of deemed dividend against actual dividend paid by certain companies - dividend distribution tax as per section 115-O is in respect of dividend covered u/s 2(22)(a) to (d) and such income is exempt in the hands of shareholders u/s 10(34). However, deemed dividend u/s 2(22)(e) is taxable as no dividend distribution tax is payable on this income - set off not allowed. en-us Thu, 31 Aug 2017 16:59:50 +0530 Thu, 31 Aug 2017 16:59:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=36159 Set off of deemed dividend against actual dividend paid by certain companies - dividend distribution tax as per section 115-O is in respect of dividend covered u/s 2(22)(a) to (d) and such income is exempt in the hands of shareholders u/s 10(34). However, deemed dividend u/s 2(22)(e) is taxable as no dividend distribution tax is payable on this income - set off not allowed. Highlights Income Tax Thu, 31 Aug 2017 16:59:50 +0530 https://www.taxtmi.com/highlights?id=36159