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deduction of exp
amount paid to recover the dividend distributed by the domestic company in which the DDT has been paid by the co u/s 115-0 ..???
Replies (3)
No the same will not be allowed to be deducted as the divided received from a domestic company is exempt u/s 10(34).
for eg
Mr A rec dividend of RS 1250000 and paid 12500 as commission to recover such amount .
Will the deduction be available for the amount oF RS 12500..?
Mr A rec dividend of RS 1250000 and paid 12500 as commission to recover such amount .
Will the deduction be available for the amount oF RS 12500..?
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