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Section52
The Finance Act, 2016

Insertion of new section 115BBDA

In force As on 07 Oct 2026

Ministry Finance Enacted 27 Jun 2016 Cited by 1 provision

Section 52 of the Finance Act, 2016 deals with insertion of new section 115BBDA. Insertion of new section 115BBDA. 52. After section 115BBD of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 2017, namely:— '115BBDA. The Act was enacted on 27 Jun 2016.

Insertion of new section 115BBDA.

52. After section 115BBD of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 2017, namely:—

'115BBDA. Tax on certain dividends received from domestic companies.—(1) Notwithstanding anything contained in this Act, where the total income of an assessee, being an individual, Hindu undivided family or a firm, resident in India, includes income in aggregate exceeding ten lakh rupees, by way of dividends declared, distributed or paid by a domestic company or companies, the income-tax payable shall be the aggregate of—

(a)the amount of income-tax calculated on the income by way of such dividends in aggregate exceeding ten lakh rupees, at the rate of ten per cent; and
(b)the amount of income-tax with which the assessee would have been chargeable had the total income of the assessee been reduced by the amount of income by way of dividends.

(2) No deduction in respect of any expenditure or allowance or set off of loss shall be allowed to the assessee under any provision of this Act in computing the income by way of dividends referred to in clause (a) of sub-section (1).

(3) In this section, "dividends" shall have the same meaning as is given to "dividend" in clause (22) of section 2 but shall not include sub-clause (e) thereof.'.

Section 52, The Finance Act, 2016.

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. s. 2 Income-tax
  2. Income-tax Act s. 115BBD Tax on certain dividends received from foreign companies

Referred to by 1

  1. Finance Act s. 44 Amendment of section 115BBDA

Questions about Section 52

What does Section 52 of the Finance Act deal with?

Section 52 of the Finance Act is headed "Insertion of new section 115BBDA". Insertion of new section 115BBDA. 52. After section 115BBD of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 2017, namely:— '115BBDA.

How do I find court cases under Section 52 of the Finance Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 2016 52, section 52 Finance Act 2016, section 52 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 52 of the Finance Act, and has it changed?

Its own text turns on section 2 (Income-tax), Income-tax Act 115BBD (Tax on certain dividends received from foreign companies), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.

When was Section 52 of the Finance Act enacted?

Section 52 of the Finance Act, cited as Finance Act 2016 52, was enacted on 27 Jun 2016. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument. This page is not a substitute for legal advice.