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Topic:Applicability under section 115BBDA ?

AnonymousPosted on 8th January,2021 05:15 PM

If spv pays dividend of rs 50 lacs to business trust which is exempt u/s 10(34) in hands of business trust and conditions of section 115-O (7) are satisfied then DDT will not be deducted from dividend. Whether section 115BBDA will be applicable to business trust as dividend is more than 10 lacs ?\r\n
Main Category: Income Tax | Sub Category: Others | Reply Count: 2 |
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