CBDT exempts dividends paid between IFSC aircraft-leasing units from TDS under Income-tax Act, 2025
The Central Board of Direct Taxes (CBDT) has notified that no tax shall be deducted at source on dividend income paid by one aircraft-leasing unit in an International Financial Services Centre (IFSC) to another eligible IFSC aircraft-leasing unit, subject to furnishing of a prescribed declaration in Form No. 1(N).
