TDS on dividend issued by PVt co
This query is : Resolved
10 November 2010
Dear members
A private limited company wants to issue dividend to its shareholders.
Will these dividends come u/s 115-O of the Income Tax Act which are subject to Dividend Ditribution Tax and hence no TDS need to deducted?
or
Should the company pay dividend after deducting 10% TDS as per Sec 194 of the Income TAx Act ?
Kindly clarify
thanks & regards
A private limited company wants to issue dividend to its shareholders.
Will these dividends come u/s 115-O of the Income Tax Act which are subject to Dividend Ditribution Tax and hence no TDS need to deducted?
or
Should the company pay dividend after deducting 10% TDS as per Sec 194 of the Income TAx Act ?
Kindly clarify
thanks & regards
Aditya Maheshwari
(Expert)
10 November 2010
These dividends come u/s 115-O of the Income Tax Act which are subject to Dividend Ditribution Tax and hence no TDS need to deducted
10 November 2010
Will not the above dividend be considered as deemed dividend u/s 2(22)e of IT Act?
Kinldy clarify me
Kinldy clarify me
taxindiaconnect
(Expert)
10 November 2010
it is not deemed dividend, provision of section 2(22)e do not apply in this case.
Aditya Maheshwari
(Expert)
10 November 2010
It is normal dividend and not deemed dividend. In deemed dividend loan given to majority shareholder is treated as deemed dividend.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- EPF ECR NEW RULES Sep 17th 2026
- 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
- 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
