25 March 2012
There is no TDS on dividend distribution tax. Dividend distribution tax is a tax that has to be paid by a company on the amount of dividend declared by it. The amount is to be paid to the Government and accordingly TDS is not required to be deducted on tax payment.
On the other hand, TDS on dividend is to be deducted from the amount of dividend payable to the shareholder when such dividend is taxable in the hands of the shareholder.
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