Dividend decalred on 28th july for the financial year 2015-16, so in challan what should be the Assessment Year for payment, whether 2016-17 or 2017-18.
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Assessment year of ddt
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HI,
FOR PAYMENT TAX ASSESSMENT YEAR IS 16-17 BUT BEFORE PAYMENT OF TAX THAT YOUR DIVIDENT IS TAX FREE OR NOT.
In your case the assessment year would be 2017-18
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