IndigoLearn

Forums

All Topics Accountancy Auditing Corporate & Other Laws Direct Taxation Indirect Taxation Financial Management Economics Costing Strategic Management Maths & Stats Exams Others AFM Financial Reporting CFA Level I

Income from other sources

Direct Taxation

In this chapter due to amendment in Finance Act 2020, there are some changes in Dividend Distribution Tax. I think there are some videos missing regarding sec 10(34) and 115-O. Can someone check it plz.

Sri Varshini

CA Inter

★ 575

14-May-21 23:25

427

Answers (5)

And also under sec 56(2) part A is missing

Thread Starter

Sri Varshini

CA Inter

★ 575

14-May-21 23:29

Sec 10(34) and sec 115 O is not applicable w.e.f AY 21-22

Himanshu Somani

CA Final

★ 71K+

14-May-21 23:34

Himanshu Somani

Sec 10(34) and sec 115 O is not applicable w.e.f AY 21-22

But to understand it sir had said to watch the next 2 videos but those are not available

Thread Starter

Sri Varshini

CA Inter

★ 575

14-May-21 23:35

Thread Starter

Sri Varshini

But to understand it sir had said to watch the next 2 videos but those are not available

U/S10(34) dividend was exempt in the hands of shareholder upto Rs 10 lakhs And u/s 115O The rate was given in which company has to Pay DDT Now both have been abolished as the dividend is taxable in the hands of shareholder

Himanshu Somani

CA Final

★ 71K+

14-May-21 23:39

Himanshu Somani

Thank you!!

Thread Starter

Sri Varshini

CA Inter

★ 575

14-May-21 23:41