CCI Online Learning
What do you want to learn today?
     
CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Deemed Dividend tax


Ajinkya Deodhar   05 April 2020

Ajinkya Deodhar

 1 points

| My Other Post

In a deemed dividend situation what is the DEEMED DIVIDEND TAX to be paid by the company. Also whether it is tax free in the hands of the shareholders or more than 10 lacs will be taxable ?

avater

NAVEEN CHAND (Just keep going. You never know how far you can go.)     05 April 2020

NAVEEN CHAND
Just keep going. You never know how far you can go. 
 875 likes  12413 points

View Profile | My Other Post

Deemed Dividend u/s 2(22)(a) / (b) / (c) / (d) = taxable in the hands of shareholders subject to Sec. 115 BBDA (limit or Rs. 10,00,000) 

However , Deemed Dividend u/s 2(22)(e) = exempt in the hands of shareholders 

 

avater

NAVEEN CHAND (Just keep going. You never know how far you can go.)     05 April 2020

NAVEEN CHAND
Just keep going. You never know how far you can go. 
 875 likes  12413 points

View Profile | My Other Post

Deemed Dividend u/s 2(22)(a) / (b) / (c) / (d) = Company pays DDT u/s 115 O (with Gross - Up) 

However , Deemed Dividend u/s 2(22)(e) = Company pays DDT @ 30 % (without Gross - Up) 

Mandakulathur Ananthanarayanan   07 April 2020

Mandakulathur Ananthanarayanan

 10 likes  176 points

View Profile | My Other Post

It is to be noted that w.e.f April 1, 2020, dividends are taxable only in the hands of shareholders including in the deemed dividend scenario. so, tax rates will be based on the taxability of shareholders


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Related Threads


Loading

Popular Discussion


view more »



Trending Tags
Info Technology
cag
students
Professional Resource
newgstreturn
tin nsdl
audit
Union Budget
ca students
traces
icai
itr
aatmanirbhar bharat
ca
gst portal
custom
gstr 3b
gst return
mca
rbi
income tax
epfo
corporate law

FM by Grant Thornton    |    x