Tax on certain dividends received from domestic companies.

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..... in aggregate exceeding ten lakh rupees, by way of dividends declared, distributed or paid by a domestic company 4 [ or companies on or before the 31st day of March, 2020 ] , the income-tax payable shall be the aggregate of - (a) the amount of income-tax calculated on the income by way of such dividends in aggregate exceeding ten lakh rupees, at the rate of ten per cent.; and (b) the amount .....

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..... ical institution referred to in sub-clause (iv) or sub-clause (v) or sub-clause (vi) or sub-clause (via) of clause (23C) of section 10; or (iii) a trust or institution registered 7 [ under section 12A or section 12AA or section 12AB ] ]] ************** Notes:- 1. Inserted vide THE FINANCE ACT, 2016 w.e.f. 1st day of April, 2017. 2. Substituted vide THE F .....

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..... 0 w.e.f. 01-06-2020 before it was read as 5 [ under section 12A or section 12AA or section 12AB ] 7. Substituted vide THE TAXATION AND OTHER LAWS (RELAXATION AND AMENDMENT OF CERTAIN PROVISIONS) ACT, 2020 dated 29-09-2020 w.e.f. 01-04-2021 before it was read as 6 [ under section 12A or section 12AA ] - - statute, statutory provisions legislation, law, ena .....

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