Section - 10(34) (of Income Tax Act, 1961), Income-tax Act.
Section - 10(34) (of Income Tax Act, 1961), Income-tax Act.
Incomes not included in total income.
Any income by way of dividends referred to in section 115-O (of Income Tax Act, 1961) :
Provided that nothing in this clause shall apply to any income by way of dividend chargeable to tax in accordance with the provisions of section 115BBDA (of Income Tax Act, 1961);
Following second proviso shall be inserted after the first proviso to clause (34) of section 10 (of Income Tax Act, 1961) by the Finance Act, 2020, w.e.f. 1-4-2021:
Provided further that nothing contained in this clause shall apply to any income by way of dividend received on or after the 1st day of April, 2020 other than the dividend on which tax under section 115-O (of Income Tax Act, 1961) and section 115BBDA (of Income Tax Act, 1961), wherever applicable, has been paid;
×
