Dividend distribution tax rate

15% + 10% surchage + 3% cess = 16.995%

What is the Dividend Distribution Tax  for the AY 2012-13 as per Income Tax Act,1961?

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Current Rate of Divided Distribution  Tax is

Basic - 15%

Surcharges - 10%

Cess - 3%

Total - 16.995%

can you plz  provide the given section in income tax or finance act for DDT?

Refer 115-O of the Income Tax Act,1961.

AS Per sec.115O CDT Rate is 16.2225%

15%

5% Surcharge

3% EC

As per Finance Act 2014 w.e.f. 01.10.2014  16.995%