Debojit Samanta (116 Points)
23 April 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178099 Points)
Replied 23 April 2018
" ITR 1 has got the relevant spaces/columns to show?"
Yes.
You can add rows in...... iv. Others
Ashok Verma
(9 Points)
Replied 09 May 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178099 Points)
Replied 09 May 2018
As per section 115BBDA of IT act, it is applicable over dividend income in aggregate exceeding ten lakh rupees, by way of dividends declared, distributed or paid by a domestic company or companies, the income-tax payable shall be the aggregate of—
(a) the amount of income-tax calculated on the income by way of such dividends in aggregate exceeding ten lakh rupees, at the rate of ten per cent; and
(b) the amount of income-tax with which the assessee would have been chargeable had the total income of the assessee been reduced by the amount of income by way of dividends.
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