Dividend distribution tax

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
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

Profile Image

Guest

Profile Image

Guest (Expert)
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

Avatar

Querist : Anonymous

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

Profile Image

Guest

Profile Image

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

Avatar

Querist : Anonymous

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

Profile Image

Guest

Profile Image

Guest (Expert)
15 September 2012 Go through annual report of any listed company.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details