A company declared dividend and makes provision in the book for the same in FY 2007-08.
Dividend Amount is accepted in the AGM in the month of september 09 (FY 2008-09)
Now the company have to deposit dividend tax in challan No 280.
What should be writte in tax challan AY 2008 - 09 or AY 2009-10.
Thanks in advance
I think, It should be written as AY 2008-09, as the dividend belongs to FY 2007-08.
Sir,
What is the rate of tax on dividend for FY - 2007-08
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