Finance Ministry notifies the Finance Act 2020 [Read Act]
The Ministry of Finance has notified the Finance Act 2020amid the Corona Virus ( COVID-19 ) outbreak. Key Highlights Expenditure: The government...
![ICAI issues FAQ on Presentation of Dividend and Dividend Distribution Tax [Read FAQs]](https://www.taxscan.in/wp-content/uploads/2019/09/Dividend-Distribution-Tax-Taxscan.jpg "ICAI issues FAQ on Presentation of Dividend and Dividend Distribution Tax [Read FAQs]")
![Delhi High Court upholds Provisions relating to Tax on Dividend above 10 lakhs [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/01/Service-Tax-Delhi-High-Court-Taxscan.jpg "Delhi High Court upholds Provisions relating to Tax on Dividend above 10 lakhs [Read Judgment]")
DDT cannot be brought to Tax in a different year Merely due to Mistake committed by Assessee: ITAT [Read Order]
The Jaipur bench of the ITAT on Thursday ruled that Dividend Distribution Tax (DDT) under section 115O of the Income Tax Act, 1961 is chargeable only when the dividend is declared, distributed or paid...
![DDT cannot be brought to Tax in a different year Merely due to Mistake committed by Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Dividend-Distribution-Tax.jpg "DDT cannot be brought to Tax in a different year Merely due to Mistake committed by Assessee: ITAT [Read Order]")
SC upholds Levy of Dividend Distribution Tax on Companies having Agricultural Income [Read Judgment]
A two judge bench of the Supreme Court, last week, held that levy of dividend distribution tax (DDT) on Companies having agricultural income under section 115O of the Income Tax Act is not ultra vires...
![SC upholds Levy of Dividend Distribution Tax on Companies having Agricultural Income [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan.jpg "SC upholds Levy of Dividend Distribution Tax on Companies having Agricultural Income [Read Judgment]")
Disallowance under Sec. 14A is Applicable to Dividend Income even if DDT is Paid on it: SC [Read Judgment]
In a significant ruling in Godrej Boyce manufacturing Co. Ltd, the Supreme Court today held that the provisions of section 14A of the Income Tax Act would be applicable to dividend income even if the...