Withdrawal of concessional rate of taxation on dividend income under section 115BBD

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....al rate of taxation on dividend income under section 115BBD Section 115BBD of the Act provides for a concessional rate of tax of 15 % on the dividend income received by an Indian company from a fore....

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....s plus surcharge and cess. 3. In order to provide parity in the tax treatment in case of dividends received by Indian companies from specified foreign companies vis a vis dividend received from domes....