Amendment of section 115BBD

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..... ril, 2014 shall be omitted with effect from the 1st day of April, 2015. - Clause 37 of the Bill seeks to amend section 115BBD of the Income-tax Act relating to tax on certain dividends received from foreign companies. The existing provisions of the aforesaid section provide that where the total income of an assessee, being an Indian company, for the previous year relevant to the assessment year be .....

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..... ds shall continue to apply to foreign dividends received during the financial year 2014-15 and subsequent years. This amendment will take effect from 1st April, 2015 and will, accordingly, apply in relation to the assessment year 2015-16 and subsequent years. - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia .....

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