https://www.taxtmi.com/manuals?id=4648 Clause (22) defines dividend as distributions by a company attributable to accumulated profits-including distributions of assets, debentures or bonus shares, liquidation or capital-reduction distributions to the extent of accumulated profits, certain advances or payments to substantial shareholders or related concerns, and buyback payments under company law-while excluding specified liquidations or reductions in respect of non-participating paid-up shares, certain historical bonus-related capitalised profits, ordinary-course lending advances, set offs of prior dividend-treatment payments, and demerger share distributions. Explanations delimit the meaning and temporal scope of "accumulated profits" and treatment on amalgamation. en-us Tue, 27 Aug 2024 11:42:00 +0530 Wed, 06 Nov 2024 14:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4648 Clause (22) defines dividend as distributions by a company attributable to accumulated profits-including distributions of assets, debentures or bonus shares, liquidation or capital-reduction distributions to the extent of accumulated profits, certain advances or payments to substantial shareholders or related concerns, and buyback payments under company law-while excluding specified liquidations or reductions in respect of non-participating paid-up shares, certain historical bonus-related capitalised profits, ordinary-course lending advances, set offs of prior dividend-treatment payments, and demerger share distributions. Explanations delimit the meaning and temporal scope of "accumulated profits" and treatment on amalgamation. Manuals Income Tax Tue, 27 Aug 2024 11:42:00 +0530 https://www.taxtmi.com/manuals?id=4648