urgent -pls help

HI Gargi,

When we pay DDT u/s 115O we need not deduct TDS on such amount paid as dividend provided the dividend is as per sec 2(22)a to2(22)d. In your case it is preference dividend so eligible for DDT and not required to deduct TDS.

No, maam its not that way here the term "Not being company" is used for non resident who is not a company. Your company need to pay TDS on other amount remitted.