EXAMPLE: PRIVATE LIMITED COMPANY MADE A PROFIT OF 50 LAC AFTER TAX
AND
HAVE 2 SHARE HOLDERS WITH HOLDING OF 50% EACH
1) CAN THE DIVIDE 25 LACS IN THERE PERSONAL ACCOUNT
2) DO THEY HAVE TO PAY DIVIDEND DISTRIBUTION TAX
WHAT IS THE SOLUTION TO WITHDRAW PROFIT FROM BUSINESS OF PRIVATE LIMITED AS THEY WANT TO PURCHASE HOUSE IN THERE PERSONAL NAME
According to me you cand distribute Dividend to its shareholder after paying DDT.
but wait for more expert replies
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