8. Dividend income.-
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 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 ;
(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.
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