https://www.taxtmi.com/manuals?id=2519 Deduction for inter-corporate dividend is available to a domestic company where Gross Total Income includes dividend income received from another domestic company, a foreign company, or a business trust. The deduction is limited to the amount of dividend income received, but only up to the amount of dividend distributed by the domestic company. Distribution must occur at least one month before the due date for filing the return, and the same dividend amount cannot be deducted in more than one tax year. en-us Tue, 21 Mar 2023 17:31:00 +0530 Mon, 06 Jul 2026 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2519 Deduction for inter-corporate dividend is available to a domestic company where Gross Total Income includes dividend income received from another domestic company, a foreign company, or a business trust. The deduction is limited to the amount of dividend income received, but only up to the amount of dividend distributed by the domestic company. Distribution must occur at least one month before the due date for filing the return, and the same dividend amount cannot be deducted in more than one tax year. Manuals Income Tax Tue, 21 Mar 2023 17:31:00 +0530 https://www.taxtmi.com/manuals?id=2519