TMI Blog115BBD Tax on Dividend from pscified Foreign companiesX X X X Extracts X X X X X X X X Extracts X X X X ..... If specified Foreign company is not there and dividend is received from them by an Indian company , what deductions can Indian company claim u/s 56 o r will be on deductions under section 115BBD ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Reply By ROHIT TULSIAN - The Reply = Dear Niranjan ji The dividend in such a case will not be chargeable u/s 115BBD but will be chargeable u/s 56 as rightly mentioned by you. In this regar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d,deduction allowed shall be the actual expenditure (not being capital expenditure) incurred to earn the abovementioned dividend. - 115BBD Tax on Dividend from pscified Foreign companies - Query St ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arted By: - Niranjan Bhatt Dated:- 29-12-2011 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanage ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mentindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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