A two-judge bench of the Delhi High Court has upheld the constitutional validity of the provisions of Section 115BBDA of the Income Tax Act, 1961. Under the said provision, the dividend received from domestic companies in excess of Rs10 lakh attracts tax at the rate of 10%. The assessee, an individual approached the High Court […]
The post Delhi High Court upholds Provisions relating to Tax on Dividend above 10 lakhs [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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