Dividend Tax

i am a pvt. ltd. company and is not listed in a recognised stock exchange. can i issue dividend? if yes plz tell me the required forms and challans etc to be submitted to various authorities plz wsubmit with all detais possible....[b][/b][size=14][/size][face=Arial][/face][color=black][/color]
Replies (4)
Atul,

As for dividend, pvt co. can very well do it without much formalities. U just need to keep ur resolution regd the same prepared at board meetings. If final div, then it has to be proposed at Board meet &approved at a general meeting. And if interim then proposed and approved at Board meeting. The only formalities it paying Dividend distribution tax @ 12.5 % +10%+ 2% if declared befor 31st.
Pay this thru the challan 283 (select tax on profits of company) and pay to the designated bank accepting the same
how form 283 it is for fringe benefit tax and banking cash transaction tax plz clearify
Atul,
I am sorry for the misprint. It is form 280
Originally posted by :Ca Deepa
" Atul,As for dividend, pvt co. can very well do it without much formalities. U just need to keep ur resolution regd the same prepared at board meetings. If final div, then it has to be proposed at Board meet &approved at a general meeting. And if interim then proposed and approved at Board meeting. The only formalities it paying Dividend distribution tax @ 12.5 % +10%+ 2% if declared befor 31st. Pay this thru the challan 283 (select tax on profits of company) and pay to the designated bank accepting the same "


 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details