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Tax on dividend received from foreign companies

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parth (Querist)
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14 December 2013 is sec115bbd is applicable to assessment year 2014-15

Nikhil Kaushik

Nikhil Kaushik (Expert)
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15 December 2013 yes it is applicable.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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16 December 2013 As there is no provision which states its restricted for specified period...it is applicable to AY 14-15

Nikhil Kaushik

Nikhil Kaushik (Expert)
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16 December 2013 Tushar bhai 116bbd is being extended on year to year basis

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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16 December 2013 yes that is why i wrote it is applicable for 14-15.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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16 December 2013 No u said there is no specific period. I am telling you there is, which has been extended to ay 2014-15

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