Dividend dist. tax on premium on redumption of pref. share

Tax queries 317 views 2 replies

Whether premium on redumption of preference shares is considered as distribution of profits and will attract Dividend distribution tax or not.

Replies (2)

Yes it will attract dividend distribution tax.

Can you provide any supporting link which could affirm the point you are making? ankit


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register