Dividend
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 November 2010
Hello Everyone,
This is Atul here, this is with the reference of the one of our client, They did not paid the Dividend Tax on the last year paid dividend.
Now my questions is that should I ask them to pay the penalty @1% or Is there any more Interest or Penalty they have to pay
Please Suggest!!!!!!
This is Atul here, this is with the reference of the one of our client, They did not paid the Dividend Tax on the last year paid dividend.
Now my questions is that should I ask them to pay the penalty @1% or Is there any more Interest or Penalty they have to pay
Please Suggest!!!!!!
03 November 2010
For the time being, pay tax and interest. However,the Joint Commissioner can initiate penalty proceedings under section 271C after serving show cause notice to the company. If penalty is imposed, then think about the payment.
Message likes :
1 times
03 November 2010
Agreed with BC sir, no penalty as of now.
03 November 2010
agreed..
penalty is to be paid only when demanded & not in anticipation.
only tax & interest right now
penalty is to be paid only when demanded & not in anticipation.
only tax & interest right now
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
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR 1: Details for showing Exempt Income
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR 2 Short Term gain & Long term gain
- ITR returnFY25-26
- Short Term Capital gain on shares bought and sold after 2018 onwards
- TDS 194R on GST effected
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
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
