COrporate Dividend Tax


This query is : Resolved 

04 July 2011 Company has declared Rs.12 lakh dividend.

My query is What is the Corporate Dividen Tax?

Whether it is 16.61% on 12 lakh?

Or

12 lakh is inclusive of CDT.

04 July 2011 it is 16.61% on 12 lakh

04 July 2011 Is Corporate Dividend Tax additional tax for the company?

04 July 2011 yes, its additional tax


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