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Dividend from foreign company
Is there any specific rate of tax on dividend received from the foreign companies or it is added in income from other sources like other incomes??
Replies (3)
added to income from other sources and taxable as per slab rates apply that person
Thnx for Ur reply
It will be Taxable Normally by adding it to your IFOS and No exemption etc would be given.
However, In case of Corporate Assessee, when Dividend received by Foreign Company which is ASSOCIATE of Indian company then Indian company shall pay tax at specific rate given u/s 115BBD @ 15% (plus SC if applicable) and Cess.
However, In case of Corporate Assessee, when Dividend received by Foreign Company which is ASSOCIATE of Indian company then Indian company shall pay tax at specific rate given u/s 115BBD @ 15% (plus SC if applicable) and Cess.
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