RATES OF OTHER TAXES

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Full Text of the Document

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.... 20 per cent. B.—Tax on distributed profits of a domestic company 2. The tax referred to in sub-section (2) of section 109 shall be calculated at the rate specified hereunder:— Rate of tax On the amount of dividend declared, distributed or paid by a domestic company 15 per cent. C.—Tax on distributed income 3. The tax referred to in sub-section (3) of section 110 shall be calculated ....