banner_ad

Ddt rate for f.y.14-15

This query is : Resolved 
Profile Image

Profile Image

(Querist)
24 August 2014 Dear Sir,
My client co is planning to declare dividend for the year ended 31-3-2014 what is DDT payable by it. whether ddt to be grossed up? can you please explain the grossing up with an example.
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
24 August 2014 Rate remains same. The tax on distributed profits u/s 115-O shall be payable @15% plus surcharge @10% plus Education Cess (EC) @2% plus SHEC @1% of amount of dividend so declared, distributed or paid. Thus, dividends paid by a domestic company are subject to the DDT at an effective rate of 16.995%.
It may be noted that surcharge @ 10% of tax will be payable irrespective of the amount distributed under these sections.

See below link for effect of new changes--

https://www.simpletaxindia.net/2014/07/dividend-distribution-tax-ddt-increased.html
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details