https://www.taxtmi.com/acts?id=51679 A domestic company may deduct dividend income received from another domestic company, a foreign company, or a business trust, to the extent that such dividend income does not exceed the amount of dividend the domestic company distributed at least one month before the due date for filing its return under section 263(1); once a deduction for a distributed amount is allowed in one tax year, that amount cannot be deducted in any other tax year. en-us Thu, 14 Aug 2025 11:06:12 +0530 Wed, 27 Aug 2025 13:24:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51679 A domestic company may deduct dividend income received from another domestic company, a foreign company, or a business trust, to the extent that such dividend income does not exceed the amount of dividend the domestic company distributed at least one month before the due date for filing its return under section 263(1); once a deduction for a distributed amount is allowed in one tax year, that amount cannot be deducted in any other tax year. Act-Rules Income Tax Thu, 14 Aug 2025 11:06:12 +0530 https://www.taxtmi.com/acts?id=51679