Mandakulathur Ananthanarayanan 09 April 2020
DDT is a tax on dividends the incidence of which is shifted to companies from shareholders. Now, w.e.f April 1, 2020, DDT is abolished and dividends are taxed in the hands of shareholders
Ganesan Sakthivel 09 April 2020
you can't say that shareholders just invest. Ambani holds shares of Reliance, whereas he doesn't hold as investments.
See, when partenership firm Distributes profit, why doesn't this same concept of DDT apply???