Exemption u/s 10(34) - dividend income received by SARA fund - ...
SARA Fund's Dividend Income Exempt from Additional Tax u/s 10(34) Due to Prior Payment by Company.
July 22, 2020
Case Laws Income Tax AT
Exemption u/s 10(34) - dividend income received by SARA fund - When the company with which SARA Fund has been invested, had already paid additional income tax on the earned dividend as required u/s 115-O of the Act, SARA fund was not required to pay additional income tax second time on the same income
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