Grossing up of Dividend - (Old) Section 115-O(1B) [ Upto 31.03.2020 ]

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.... of the Income Tax Act, 1961 [ Upto 31.03.2020 ] Purpose of Section 115-O(1B) Section 115O(1B) introduced the concept of grossing up the dividend amount for calculating DDT. Before the i....

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....ction of tax on such increased amount, be equal to the net distributed profits.  Formula  Exception of Section 115-O(1B) [ w.e.f. 01.04.2018 ] • No grossing-up under Secti....