Dividend distribution tax rate


This query is : Resolved 

(Querist)
11 April 2012 Dear Sir

Can you pls let me know the rate of dividend distribution tax?

Is it 16.995% or 16.609%

swasti (Expert)
11 April 2012 During the FY 2011-12, the effective rate had been 16.2225%. [ Dividend tax 15 + Surcharge 0.75 + EC 0.315 + SHEC 0.1575]

11 April 2012 Ay 2012-13 = 16.23%

Tax 15%
SC 5%
CESS 3%


Ay 2011-12 = 16.609%

Tax 15%
SC 7.55%
CESS 3%

Mihir Doshi (Expert)
11 April 2012 Agree with experts

11 April 2012 DDT for the A.Y. 2012-13 is 16.2225% irrespective of amount of dividend.

Basic rate-15%
Surcharge- 5%
Edu cess- 3%

Effective rate comes out to 16.2225%

Sanket (Querist)
11 April 2012 Thank a lot


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details