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dividend distribution tax

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(Querist)
21 September 2010 When a company makes profit it pays income tax on the income chargeable to tax. But the dividend distribution tax will also be paid on the same income. So it amounts to double taxation , right?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
21 September 2010 DDT is to be paid only on the amount distributed as dividend not whole profit.

This is how income tax is and a company works.
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akhil katara

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akhil katara (Querist)
22 September 2010 tanx.
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
22 September 2010 U can also thank by using thank user icon.

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