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The total income of XYZ Limited includes the income of dividends of ₹ 10 lakhs paid by a UK-based foreign company in which XYZ Limited holds 30% of the equity share capital. ₹ 50,000 has been spent for earning such a dividend.The dividend income so received by the company from the UK based foreign company and the tax rate shall be:

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The total income of XYZ Limited includes the income of dividends of ₹ 10 lakhs paid by a UK-based foreign company in which XYZ Limited holds 30% of the equity share capital. ₹ 50,000 has been spent for earning such a dividend.<br />The dividend income so received by the company from the UK based foreign company and the tax rate shall be:






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