DDT /CDT On dividend
MOHAMMED IMRAN (1020 Points)
28 June 2018
Who will pay DDT/CDT On equity dividend & preference dividend
MOHAMMED IMRAN (1020 Points)
28 June 2018
prasad Nilugal
( GST Practitioner & Accounts )
(14149 Points)
Replied 28 June 2018
As per section 115O of the income tax act 1961 15% DDTax / CDTax on Dividend amount declared , distibuted or paid by the companies .Domestic companies will pay the tax
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