Dividend income taxation can be complex, especially when cross-border elements are involved. In India, the taxation of dividends paid by Indian companies, including those paid to non-residents, is primarily governed…
Dividends are a key source of income for shareholders, and their taxation forms an integral part of the Income Tax Act, 1961. Section 2(22) provides a detailed definition of "dividend,"…
When it comes to corporate taxation in India, one of the significant provisions that governed the tax on distributed profits by domestic companies was Section 115-O of the Income Tax…
Introduction Section 115BBD of the Income Tax Act was introduced to incentivize Indian companies to repatriate dividends earned from foreign subsidiaries. The provision allowed for a concessional tax rate of…
When it comes to corporate taxation, dividend income plays a vital role. Historically, Section 85A of the Income Tax Act was introduced to offer relief to companies that received dividends…
Introduction: In the evolving landscape of corporate taxation in India, certain provisions were designed to offer relief from double taxation, especially on profits from key sectors like industrial undertakings, hotels,…
Dividend income has been a critical component of taxation for individuals and businesses alike. The manner in which dividends are taxed has evolved significantly, starting from the Indian Income Tax…
When it comes to taxation, not all income fits neatly into categories like "Salaries" or "Profits and Gains of Business or Profession." The Income Tax Act, 1961, addresses this by…
When it comes to filing income tax returns, it's crucial to categorize your income under the correct heads to ensure accurate computation and compliance. Among the various heads of income…
In the ever-evolving landscape of tax regulations, understanding the implications of buy-back transactions is crucial for both companies and shareholders. The Finance Act, 2023, has introduced significant amendments concerning the…