CDT- which rate

This query is : Resolved 

22 December 2010 Hey

If the cdt is being paid for the dividends related to previous year( say f/y 2009-10) and is declared n paid in fy 2010-11.Which rate would be applicable for this i.e. 16.995 or 16.609???

24 December 2010 cdt rates will be applicable for the in which dividend is paid. As in ur case fy 2010-11 is the year, rate will be as

16%+ 7.5%+ 3% = 16.609%

24 December 2010 Could u please support ur answer


24 December 2010 I AM NOT GETTING U, U WANT SUPPORT BY SEC OR CASE LAW OR WHAT

24 December 2010 any legal provision (be it section/ circular/notification/case law)



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