Search Results Page

Search Results

1 - 10 of 52 (2.81 seconds)

Godrej & Boyce Mfg.Co.Ltd. Mumbai vs Dy. Commissioner Of Income Tax on 12 August, 2010

Revenue also placed reliance on the decision of this Court in Godrej & Boyce Mfg. Co. Ltd. (supra) as also the decision of the Supreme Court arising from such decision in Godrej & Boyce Mfg. Co. Ltd. (supra). The Division Bench analyzing the provisions of Section 115-O and its antecedents held that Dividend Distribution Tax (DDT) is not the tax on income of the dividend declaring company, however, ultimately it was a tax on the dividend income of the shareholders. The relevant observations in that regard are found in paragraph 26, which read thus:
1   2 3 4 5 6 Next