DDT on Dividends to Non-Residents Restricted to DTAA Rates; Corporate Club Membership Fees Fully Allowable
DDT on Dividends to Non-Residents Restricted to DTAA Rates; Corporate Club Membership Fees Fully Allowable Issue Whether Dividend Distribution Tax (DDT) under section 115-O on dividends paid to non-resident shareholders is capped by DTAA rates, and whether corporate club membership fees qualify as allowable business expenditure under section 37(1). Facts DDT on Foreign Shareholders (AYs… Read More »