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DDT /CDT On dividend


MOHAMMED IMRAN   28 June 2018

MOHAMMED IMRAN

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Who will pay DDT/CDT On equity dividend & preference dividend

prasad Nilugal (Accountant and GST Practitioner . )     28 June 2018

prasad Nilugal
Accountant and GST Practitioner .  
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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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