banner_ad

TDS on Dividend of Indian Company

This query is : Resolved 
Profile Image

Profile Image

(Querist)
27 October 2009 Our company is an Indian Company.
A foreign company holds it's 30% share.
Our Company is paying Dividend to this foreign Comany.
Whether any TDS applicable?
Profile Image

CA Balram Sharma

Profile Image

CA Balram Sharma (Expert)
28 October 2009 There in no requirement to deduct tds on the payment of dividend,

Because as per the section 115-0, if domestic company declared or paid require to pay dividend tax @15% + surcharge 10% + ed 3 %

and divident will be exempted in the hand of share holer,

So there is no applicabilty of TDS
Profile Image

taxindiaconnect

Profile Image

taxindiaconnect (Expert)
28 October 2009 Agreed with expert Mr. Balram.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details