Insertion of new section 115 BBDA.

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Full Text of the Document

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....ned in this Act, where the total income of an assessee, being an individual, Hindu undivided family or a firm, resident in India, includes any income in aggregate exceeding ten lakh rupees, by way of dividends declared, distributed or paid by a domestic company or companies, the income-tax payable shall be the aggregate of- (a) the amount of income-tax calculated on the income by way of such divi....