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Ddt

This query is : Resolved 
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(Querist)
31 July 2013 Dear Experts,
I want to ask whether we can pay DDT (dividend declaration tax) from the account specially opened for holding Dividend amount.
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
12 August 2013 The account opened for payment of dividend CANNOT be used for any purpose other than payment of dividend.

So you CANNOT pay DDT from this account.
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