Dividend to NRI shareholder

This query is : Resolved

MAKARAND DAMLE (Querist)
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27 March 2026 Private Limited company has given dividend to NRI shareholder and deducted TDS @ 20.80%
For payment for this dividend whether following details are correct
Challan 281
Tax on regular assessment
A Y 2026-27
Non company deductees
Section 195
are above details correct ?

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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27 March 2026 • Everything you selected is correct except one key point:
👉 Replace “Tax on regular assessment” with “200 – TDS/TCS payable” in Challan 281.
• Section 195, AY, and deductee type are all correctly chosen.
• Also ensure DTAA and Form 15CA/CB compliance if applicable.

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