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Commerce · Q548

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 548

Q548

Dividend paid by an Indian company outside India is

A.
taxable in India in the hands of the recipient
B.
taxable in the hands of the company and exempt in the hands of the recipient
Answer
C.
taxable outside India
D.
exempt in the hands of the recipient

Answer: Option B

Solution

Answer: Option B
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