Section 115N. [Bar of proceedings in certain cases

115N. [Bar of proceedings in certain cases . ] — Omitted by the Finance Act , 1997 (26 of 1997), s . 39, ( w.e.f. 1-4-1998). 2[CHAPTER XIID SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED PROFITS OF DOMESTIC COMPANIES 115-O. Tax on distributed profits of domestic companies.—[3] [(1) Notwithstanding anything contained in any other provision of this Act and subject to the provisions of this section, in addition to the income-tax chargeable in respect of the total income of a domestic company for any assessment year, any amount declared, distributed or paid by such company by way of dividends (whether interim or otherwise) on or after the 1st day of April, 2003, whether out of current or accumulated profits shall be charged to additional income-tax (hereafter referred to as tax on distributed profits)[4] [at the rate of fifteen per cent.]] 5[Provided that in respect of dividend referred to in sub-clause (e) of clause (22) of section 2, this sub-section shall have effect as if for the words "fifteen per cent.", the words "thirty per cent." had been substituted;]