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
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)
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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