For the purposes of inclusion in the total income of an assessee,-
a any dividend declared by a company or distributed or paid by it within the meaning of sub- clause a or sub- clause b or sub- clause c or sub- clause d or sub- clause e of clause 22 of section 2 1. Substituted for For the purposes of inclusion in the total income of an assessee, any dividend by the Finance Act, 1965, w. e. f. 1- 4- 1965. shall be deemed to be the income of the previous year in which it is so declared, distributed or paid, as the case may be
Substituted for For the purposes of inclusion in the total income of an assessee, any dividend by the Finance Act, 1965, w. e. f. 1- 4- 1965.
b any interim dividend shall be deemed to be the income of the previous year in which the amount of such dividend is unconditionally made available by the company to the member who is entitled to it.