Amendment in section 115BBDA :

 

CLAUSE(S) OF FINANCE BILL, 2017	PARTICUL ARS OF AMENDME NTS	SECTION	SECTION AMENDMENT / NEWLY INSERTED	APPLICABLE W.E.F	BRIEF OF AMENDMENT
44	Amendment in section 115BBDA	115BBDA (1) & 115BBDA (3)	Amendment	1/4/2018	Scope of Dividend taxability is increased to horizontal equality. Initially dividend in excess of Rs. 10 lac was Taxable for Ind, HUF and Firm, Now it is taxable for all assessee other than Domestic Company, Trust / Institution  u/s 12AA and certain funds u/s 10(23C).