Dividend - taxability


This query is : Resolved 

(Querist)
29 September 2009 An Indian resident company received dividend on its investment in a Sri Lankan company. They deducted 10% from the dividend. Is the dividend income taxable in the hands of the Indian company?

30 September 2009 an indian company is always a resiednt in india and all incomes arised to that co pany wherever will be taxable in hhands of the company.does'nt matter the country where that income is arised.


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