Dividend distribution tax


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Querist : Anonymous

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Querist : Anonymous (Querist)
15 September 2012 Dear Members,
Whether Dividend declared is inclusive of DDT

Ex.Dividend declared is Rs.100000/-
What is the amount to pay DDT

It is @16.995% of Rs.16995.

OR Rs.14,526/-.
URgently

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15 September 2012 The DDT will be Rs. 16995/-

15 September 2012 DDT will be 16.2225% i.e
15% plus 5% surcharge plus 3% edu. cess i.e 16.2225.
i.e DDT comes to Rs. 16222.50.

In books of accounts, Dividend declared includes DDT

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 September 2012 what is the payment to the shareholders it is Rs.100000 or Rs.83005

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15 September 2012 The payment to shareholders should be Rs. 100000/-
In books it is to be accounted as Dividend paid + DDT = Total Outflow

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 September 2012 can u please provide the any reference for the said treatment whether it is sections or circulars

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15 September 2012 Go through annual report of any listed company.


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