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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Corporate Dividend Tax Relief: Preventing Double Taxation and Ensuring Fair Taxation for Inter-Corporate Dividend Distributions Under Clause 148</h1> Concise Summary:Clause 148 of the Income Tax Bill, 2025 addresses inter-corporate dividend taxation, preventing economic double taxation by allowing domestic companies a deduction for dividends received from other domestic, foreign companies, or business trusts. The provision permits tax deduction only when the received dividends are distributed to shareholders within a specified timeframe, ensuring tax neutrality and discouraging multiple taxation across corporate structures. The clause continues the policy approach of Section 80M, maintaining tax relief while implementing anti-avoidance measures.
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