Dividend distribution tax
This query is : Resolved
11 May 2013
Dear Sir,
According to section 115-O, if a holding company receives the dividend from its subsidiary, & the holding company distributes that dividend to its shareholders,then the amount of DDT payable by the holding is reduced by the amount of DDT paid by its subsidiary.
So, how to present this setoff of DDT in revised schedule VI.
According to section 115-O, if a holding company receives the dividend from its subsidiary, & the holding company distributes that dividend to its shareholders,then the amount of DDT payable by the holding is reduced by the amount of DDT paid by its subsidiary.
So, how to present this setoff of DDT in revised schedule VI.
12 May 2013
the calculated DDT will be charge to profit and loss appropriation and liability in bs.
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
- About TDS & Income Tax
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- Scrutiny and reopening of past returns
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Booth for sales promotion
- Presumptive income under 2025 ACT
- TAX AUDIT QUESTION
- VALUATION OF PRIVATE LIMITED COMPANY SHARES
- LIABILITY ADJUSTMENT
- Capital Gains on sale of residential flat
- Accounting with Claude
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
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
