Dividend Tax
This query is : Resolved
Pankaj Jhawar
(Querist)
15 October 2008
One of the company has paid excess dividend distribution tax by mistake. Now under which section can we claim the excess dividend tax paid and what is the process of claiming the refuind
Pankaj Jhawar
(Querist)
15 October 2008
One of the company has paid excess dividend distribution tax by mistake. Now under which section can we claim the excess dividend tax paid and what is the process of claiming the refund - Can we adjust it with our Income tax liabilty?
S.Srinivasaraghavan
(Expert)
15 October 2008
You can not adjust it against IT liability. You have to write to the department only.
15 October 2008
Section 115O does not contain a provision to solve the issue. As Mr.Srinivasaraghavan has rightly directed you may move a petition before the Chief Commissioner of income tax through your jurisdictional ITO.
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
