Please clarify me the treatment of dividend income of a domestic company from another domestic company.........
Menu
Dividend income of a domestic company
Replies (5)
The Dividend earned shall be exempt. As the Company distributing the Dividend to its shareholders has already paid the Dividend Distribution Tax (refer section 115-O, IT Act 1961) on the same.
Regards,
Devendra
it is exempt as dividend distribution tax is already paid by the company declaring it
Thank u...both of u.....
| Originally posted by : Devendra | ||
 |
The Dividend earned shall be exempt. As the Company distributing the Dividend to its shareholders has already paid the Dividend Distribution Tax (refer section 115-O, IT Act 1961) on the same. Regards, Devendra |
 |
The Dividend earned shall be exempt. As the Company distributing the Dividend to its shareholders has already paid the Dividend Distribution Tax (refer section 115-O, IT Act 1961) on the same.
REGARDS DEVENDER
Recent Threads
- 17(5) Blocked ITC
- Transfer of equity shares to original owner
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
- Indexation Benefit available or not on Calculation
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
Related Threads
CAclubindia
