Daily News Analysis.
Cognizant to pay DDT, says tribunal News: Cognizant Technology Solutions suffered a blow when the Income Tax Appellate Tribunal mandated that it pay dividend distribution tax (DDT) on a share buyback of Rs 19,080 crore for the assessment year 2017–18. Dividend distribution tax (DDT) Dividend Distribution Tax (DDT) was a tax levied by the Indian …
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