The total income of XYZ Limited includes the income of dividends of ₹ 10 lakh paid by a U.K. base foreign company in which XYZ Limited holds 30% of the equity share capital. The dividend income so received by the company from the U.K. base foreign company in A.Y. 2021-22 shall be:

🎲 Try a Random Question  |  Total Questions in Quiz: 19  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
CS Executive Practice Test: Assessment of Companies – CS Executive Tax Laws — practice the complete quiz, review flashcards, or try a random question.


The total income of XYZ Limited includes the income of dividends of ₹ 10 lakh paid by a U.K. base foreign company in which XYZ Limited holds 30% of the equity share capital. The dividend income so received by the company from the U.K. base foreign company in A.Y. 2021-22 shall be:






ADVERTISEMENT