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Divided Distribution Tax


Ganesan Sakthivel   09 April 2020

Ganesan Sakthivel

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Company pays tax on its profit, but whereas when company distributes its profit to it's Share holders, its again taxed as DDT.

Isn't this double taxation??

Vinay Govi   09 April 2020

Vinay Govi

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No it is not double taxation. The income distributed to shareholders is out of the profits earned by the company. In this the profit is not earned directly by shareholders. They are only investing their money.

Mandakulathur Ananthanarayanan   09 April 2020

Mandakulathur Ananthanarayanan

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DDT is a tax on dividends the incidence of which is shifted to companies from shareholders. Now, w.e.f April 1, 2020, DDT is abolished and dividends are taxed in the hands of shareholders

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Ganesan Sakthivel   09 April 2020

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@ Vinay

you can't say that shareholders just invest. Ambani holds shares of Reliance, whereas he doesn't hold as investments.

See, when partenership firm Distributes profit, why doesn't this same concept of DDT apply???

Vinay Govi   09 April 2020

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In partnership firm the partners makes investment and do the business and earn income but in case of company it is different.

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NAVEEN CHAND (Just keep going. You never know how far you can go.)     09 April 2020

NAVEEN CHAND
Just keep going. You never know how far you can go. 
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DDT is applicable u/s 115 O (with gross up concept ) 

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NAVEEN CHAND (Just keep going. You never know how far you can go.)     09 April 2020

NAVEEN CHAND
Just keep going. You never know how far you can go. 
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DDT is applicable u/s 115 O (with gross up concept ) 


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