TMI BlogTax Implications of Dividend Income for Assessee Without Profit-Sharing in Public Sector Undertakings.Taxability of dividend income and other income in the hands of the assessee - The assessee was all along getting returns only in the form of dividend and had never participated in any profit sharing with those public sector undertakings right from the inception of the assessee company. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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