Madan Traders Ltd. Jaipur received 200 by way of dividend declared by Botham Co. Ltd. of UK in January, 2019. Madam, Traders Ltd. has 26% shareholding in Botham Co. Ltd. The tax liability of Madam Traders Ltd. on the dividend income would be

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Madan Traders Ltd. Jaipur received 200 by way of dividend declared by Botham Co. Ltd. of UK in January, 2019. Madam, Traders Ltd. has 26% shareholding in Botham Co. Ltd. The tax liability of Madam Traders Ltd. on the dividend income would be