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Rule 117 of Income Tax Rules 1962: Return of Dividends Paid

Rule 117 : Return of dividends paid
(Part XV : Miscellaneous)

(1) A return shall be furnished by the principal officer of a company under section 286 in respect of a dividend or aggregate dividends if the amount thereof exceeds one rupee in the case of a shareholder which is a company and in respect of dividend or aggregate dividends if the amount thereof exceeds Rs. 5,000 in the case of any other shareholder.
(2) The return referred to in sub-rule (1) shall be made in Form No. 51 and shall be delivered to the Income-tax Officer, who assesses the company.




Extra Notes for Readers

- Rule 117 was omitted by the Income Tax (5th Amendment) Rules, 1989, w.e.f. 18th May 1989




Check at Income Tax Dept. official site for latest version of the Rule.

This page was created/last updated on 17th October 2016.

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