NCLAT: Can’t Question Consideration and Subsequent Rejection of RP by CoC Submitted after Due Date  ||  Del. HC: Centre to Comply with SC Order Directing Decision of Renaming India  ||  Delhi HC: Court of CJM cannot “Transfer” Case from One Court upon Application or Suo Moto  ||  Ker. HC: Violence in Visual Media Can Have Undesirable Effect on People  ||  Karnataka HC Upholds Validity of Micro Loan and Small Loan Ordinance, 2025  ||  MP HC: Repeat Appeal for Bail after Dismissal of the Appeal Would Not be Maintainable  ||  P&H HC: Standards will Dilute if No Minimum Marks Prescribed in Judiciary Exams  ||  SC: Scope of Preliminary Inquiry Limits to Situation Where Info. Doesn’t Disclose Cognizable Offence  ||  SC: Return of Cheques Dishonoured Simpliciter doesn’t Create an Offence u/s 138 NI Act, 1881  ||  SC Constitutes Committee to Examine Financial Status of Schools    

ITAT: Dividend Received by Builder not Subject to DDT Shall Assessable as ‘Other Income’ - (24 May 2022)

DIRECT TAXATION

Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the dividend income received by the assessee, a builder, which is not subject to Dividend Distribution Tax (DDT) shall be assessable as “Income from Other Sources” under the provisions of the Income Tax Act, 1961.

Tags : ITAT   DIVIDEND DISTRIBUTION TAX   INCOME FROM OTHER SOURCES  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved