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Tax query

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06 December 2016 Hi, If my pvt.ltd company after paying tax has a profit of 1cr how can the share holders take out the money from company..?My CA say that shareholders can take money in form of dividend but that will result in additional tax in the form of dividend distribution tax @15%..? so that will am out to total taxation of about 50%....PLS help ...

06 December 2016 Whatever your CA says is right.



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