TDS deductable on Dividends foreign remittaces
This query is : Resolved
venkat reddy gopidi
(Querist)
24 October 2009
Dear friends,
Weather TDS applicable on Dividends payable to foreign company while Foreign remittances by Indian domestic company remitted in the month of October 2009 for the Dividend declared for the financial year 2009-10
Weather TDS applicable on Dividends payable to foreign company while Foreign remittances by Indian domestic company remitted in the month of October 2009 for the Dividend declared for the financial year 2009-10
24 October 2009
Dividend income is exempt from tax u/s 10(34).
Further TDS does not apply in case of Dividend paid by an domestic company to a foreign company in respect of dividends referred u/s 115O.(Refer Section 195).
Further TDS does not apply in case of Dividend paid by an domestic company to a foreign company in respect of dividends referred u/s 115O.(Refer Section 195).
taxindiaconnect
(Expert)
02 November 2009
Agreed with the expert.
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Employee secondment
- IMS (import of goods) ITC related
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Form 144 TDS Return Validation error
- LLP audit and disclosure
- GST ITC as per notification 12/2023- central tax
- Form 144 TDS Return Validation Error – Mandatory Fields
- Capital Gains Tax on Inherited Mutual Fund
- Rent agreement of House of deceased person
- Ito add credit side of bank
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- 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
- How to pay remaining amount of TDS after due date?
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
