An Indian company having 30% voting power in a foreign company received dividend of ₹10 lakh from the foreign company. The dividend so received by the Indian company is —
CS Executive · Tax Laws and Practice · PYQS · December 2016
An Indian company having 30% voting power in a foreign company received dividend of ₹10 lakh from the foreign company. The dividend so received by the Indian company is —
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Income Tax
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