Reduction in Dividend Distribution Tax - (Old) Section 115-O(1A) [ Upto 31.03.2020 ]

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....mpany receives during the financial year any dividend from its domestic subsidiary company on which the subsidiary company has paid DDT if payable under section 115-O, if any or • any dividend from its foreign subsidiary company on which the tax is payable by holding company under section 115BBD, • then, such dividend shall be reduced from the dividend declared / paid/ di....