expilain sections 10(23)SB, 10(34), 10(23)G. PL. PLAN DIVIDENDS THAT...

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02-29-2008, 02:50 PM

Mahasreshti J

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expilain sections 10(23)SB, 10(34), 10(23)G. PL. PLAN DIVIDENDS THAT...

...SHOULD NOT BE TAXED AGAIN.? i am interested in floating a holding company-NBFC, RBI approved and will invest in special purpose vehicle - a company floated specifically for a project- say property development and i invest through my holding nbfc. pl. clarify whether dividends earned out of SPV is tax free i.e.nbfc need not pay tax again on the diviends earned. what is better tax planning.

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