Dividend distribution tax rate

This query is : Resolved  Report Abuse Subscribe
 


(Querist)


11 April 2012

Dear Sir

Can you pls let me know the rate of dividend distribution tax?

Is it 16.995% or 16.609%


swasti (Expert)


11 April 2012

During the FY 2011-12, the effective rate had been 16.2225%. [ Dividend tax 15 + Surcharge 0.75 + EC 0.315 + SHEC 0.1575]


CMA. CS. Sanjay Gupta (Expert)



11 April 2012

Ay 2012-13 = 16.23%

Tax 15%
SC 5%
CESS 3%


Ay 2011-12 = 16.609%

Tax 15%
SC 7.55%
CESS 3%


Mihir Doshi (Expert)


11 April 2012

Agree with experts


CA CS Amit S. Kedia (Expert)


11 April 2012

DDT for the A.Y. 2012-13 is 16.2225% irrespective of amount of dividend.

Basic rate-15%
Surcharge- 5%
Edu cess- 3%

Effective rate comes out to 16.2225%


Sanket (Querist)


11 April 2012

Thank a lot



You need to be the querist or approved CAclub expert to take part in this query .


Click here to login now


Similar Resolved Queries :








close x