03-23-2011, 09:47 PM
Please help me on the following,
whether apportionment of expenses (u/s 67 read with Rule 13) is required to be done against dividend received by a Company as dividend falls under NTR for Company, but taxed as separate block of income @ 10%.
whether apportionment of expenses (u/s 67 read with Rule 13) is required to be done against dividend received by a Company as dividend falls under NTR for Company, but taxed as separate block of income @ 10%.
