dividend from U.T.I

This query is : Resolved 

22 February 2008 sir,
PLS ANSWER
urban coperative bank has received dividend from U.T.I & it is shown as income in profit & loss account in their
report.
profit earned for the financial year 2006-07 includes dividend earned from U.T.I.
While filing the return for 2006-07(F.Y)Can the dividend be deducted from the profit shown in the books of accounts & then tax computed on the rest amount?

23 February 2008 This has already been answered.

23 February 2008 ALREADY ANSWERED




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