Any dividend paid to be shareholder of any company prior to April 01, 2019, out of any such dividend received by that company from any other company on which WHT 10% had been deducted prior to April 01, 2018 in accordance with the provisions of the Inland Revenue Act, No. 10 of 2006, such dividend shall not be subject to WHT 14% under the provisions of the Inland Revenue Act, No. 24 of 2017
Distribution of dividend out of dividend received prior to 01 April 2018
