Income tax on dividend

This query is : Resolved 

04 October 2017 Dear Experts,

Is income tax applies to the dividend received by a domestic company. My company received dividend of Rs 15 Lakhs,Please advise on the taxability.

04 October 2017 Dividend income is exempt from tax as company pays dividend tax (CDT) at the time of paying dividend to shareholders.

04 October 2017 Then what is the logic behind insertion of section 115bbda. Why govt has tax divididend to specified assessees


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