Dividend distribution tax and relevant ay

This query is : Resolved

Guest

Guest (Querist)

10 October 2013 Hi,

Someone may please reply, if possible:

Query 1

Private Limited company declared final dividend on 30.09.13 (AGM Date), which is relating to FYE 31.03.13.

Which Assessment Year should be filled in Challan for DDT payment? Whether it is AY 2013-14 or AY 2014-15.

Ans : …………….

Query 2

As per Income Tax Section 115-O, 14 days time limit (from 30.09.13) is available for making DDT Payment and if the company paid DDT Payment on or before 14.10.13, then, the company could not have filled the DDT Payment details in the ITR-6 of AY 2013-14 (if AY is 2013-14), as the due date for filing was 30.09.13.

Whether it is appropriate to fill the DDT Payment details in the ITR-6 of AY 2014-15 only?

Ans : …………….

Thanks in advance for your replies.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

10 October 2013 Query 1

Private Limited company declared final dividend on 30.09.13 (AGM Date), which is relating to FYE 31.03.13.

Which Assessment Year should be filled in Challan for DDT payment? Whether it is AY 2013-14 or AY 2014-15.

Ans : 2013-14

Query 2

As per Income Tax Section 115-O, 14 days time limit (from 30.09.13) is available for making DDT Payment and if the company paid DDT Payment on or before 14.10.13, then, the company could not have filled the DDT Payment details in the ITR-6 of AY 2013-14 (if AY is 2013-14), as the due date for filing was 30.09.13.

Whether it is appropriate to fill the DDT Payment details in the ITR-6 of AY 2014-15 only?

Ans : 2014-15 by virtue of the wordings of Schedule-DDT, clause 2.

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Dhairya Sanghvi

mohammad.asraf

sriram deven

mahendra zaveri

nilesh

Subscribe Now

Dividend distribution tax and relevant ay

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Article Assistant

Senior execiutive

GST CONSULTANT

Manager- Finance and Compliance

Accountant

GST CONSULTANCY

CA Final