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Nilanjan Bhowmick AIR 3, CSIR NET (Earth Science)
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Given below are two statements. One is labelled as Assertion (A) and the other is labelled as Reason (R).
Assertion (A) : Tax should not be charged on dividend income from the shareholders
Reason (R) : Some economists are of the opinion that when tax has already been paid on the profit of the company and balance is distributed as dividend to the owners, tax need not be levied on them
In the light of the above two statements, choose the correct answer from the options given below
Choose Your Answer:
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Eduncle Best Answer
Both (A) and (R) true and (R) is the correct explanation of (A).