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Dividend distribution tax

Others 1917 views 2 replies

What is the rate of DDT (dividend distribution tax) if my client declare dividend on FY 2012-13 income and it will pay in FY 2013-14, I mean this running year My doubt is... What rate I can consider DDT FY 2012-13 -16.2225% (including DDT 15%+Sur Chrg 5% +Cess3%) or FY 2013-14 - 16.995% ?? In FY 2013-14 Surcharge  Hiked from 5 to 10 % for domestic co
 

Please reply to the query on urgent basis

Replies (2)

DDT shoud be paid @ 15% because Dividend is declared in 12-13

not sure.. plz confirm it

DDT should be paid at the rate of 16.225% for FY 12-13 which is the year it is declared.(Declared or paid whichever is earlier should be taken)


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