Hi,
What JV to be passed for declaration of dividend of LY AT AGM in Sep and for ividend Distribution Tax. Is the Recipient of Dividend gets any benefit of this DDT Deposited by Company.
nEHA
Menu
Dividend Entries
Replies (1)
FIRST OF ALL,entry is
capital acount (dividend) dr.
DDT account dr.
to dividend payble account ,
to DDT payable account..
& when paid cr. to bank.
& receipent of dividend gets benefit of DDT - yes,
by exemption of dividend u/s 10(34) in hand of shareholder.
Recent Topics :
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
Related Topics :
CAclubindia
