Dividend
This query is : Resolved
16 February 2015
if the company allot dividend to share holders, the company should pay dividend tax to the government, , whether it is burden to the share holders or company, I am so confusing
CA Anjana Grover
(Expert)
16 February 2015
Hi Mallayya,
Its look like a burden on Company but actually on shareholder.
See what happens if co has a distributable profit of Rs.10 Lakhs than it will distribute it in such a manner that Dividend +CDT does not exceed Rs.10 Lakh.
Because Rs.10 Lakhs is fixed budget that co has it in its kitty to pay taxes (CDT) & distribute Dividend.
Regards
Its look like a burden on Company but actually on shareholder.
See what happens if co has a distributable profit of Rs.10 Lakhs than it will distribute it in such a manner that Dividend +CDT does not exceed Rs.10 Lakh.
Because Rs.10 Lakhs is fixed budget that co has it in its kitty to pay taxes (CDT) & distribute Dividend.
Regards
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
