Dividend received from overseas company

Srikanth (Manager - Accounts) (74 Points)

10 May 2011  

I want to know whether the dividend income received by an individual from the companies incorporated in the countries like Singapore, Indonesia, Vietnam, Thailand and Sri Lanka is taxable in India. If the dividend is taxable here in India, what is rate of tax? and also I would like to know whether it is possible to take credit of the amount already deducted as withholding tax in these countries while distribution of dividend. Please guide me in this regard. Also guide me how the answer for this question would differ if the recipient is a limited public company.