With Reference to the Dividend distribution tax, which of the following statements is/are correct? 1. It is a tax on the profit realized on the sale of a non-inventory asset. 2. The Union Budget 2020 proposed to remove the dividend distribution tax to increase the attractiveness of the Indian Equity Market Which of the above statements is/are correct? - Study24x7
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With Reference to the Dividend distribution tax, which of the following statements is/are correct? 1. It is a tax on the profit realized on the sale of a non-inventory asset. 2. The Union Budget 2020 proposed to remove the dividend distribution tax to increase the attractivenes...

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A

1 only

B

2 only

C

Both 1 and 2

D

Neither 1 nor 2

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