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A company incorporated in the United Kingdom has made the prescribed arrangements within India for the…

Under section 2(42), a "domestic company" means an Indian company or any other company that has made the prescribed arrangements within India for declaring and paying…

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A company incorporated in the United Kingdom has made the prescribed arrangements within India for the declaration and payment of dividends payable out of its income liable to tax under the Income-tax Act, 2025. Under section 2 of that Act, the company is

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Under section 2(42), a "domestic company" means an Indian company or any other company that has made the prescribed arrangements within India for declaring and paying dividends. The company is not an "Indian company", since section 2(53) requires formation and registration under Indian company law. A foreign company under section 2(46) is only one that is not a domestic company, and a body incorporated abroad is already a company under section 2(28)(b).

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