Home > Income Tax Act 2025 > Section-148Last Updated: Sep 26th 2025
Section-148 seeks to provide for deduction in respect of certain inter-corporate dividends. Learn to understand the section-148 as it is, it's help and useful links to follow.
Here onwards, "Act" refers to "Income Tax Act 2025"
such domestic company shall be allowed a deduction of an amount equal to so much of the income by way of dividends received from the person mentioned in clause (a) or (b) or (c) as does not exceed the amount of dividend distributed by it at least one month before the due date for filing the return of income under section 263(1).
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.