https://www.taxtmi.com/acts?id=49146 A domestic company whose gross total income includes dividends from a domestic company, foreign company, or business trust may claim a deduction equal to the dividend income not exceeding the amount of dividend distributed by it by the date one month before the due date for filing the return of income. Where a deduction has been allowed in respect of a distributed amount in any tax year, no deduction for that amount is allowable in any other tax year. en-us Fri, 14 Feb 2025 17:14:06 +0530 Fri, 14 Feb 2025 17:14:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49146 A domestic company whose gross total income includes dividends from a domestic company, foreign company, or business trust may claim a deduction equal to the dividend income not exceeding the amount of dividend distributed by it by the date one month before the due date for filing the return of income. Where a deduction has been allowed in respect of a distributed amount in any tax year, no deduction for that amount is allowable in any other tax year. Act-Rules Bills Fri, 14 Feb 2025 17:14:06 +0530 https://www.taxtmi.com/acts?id=49146