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Dividend tax u/s 115 o

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 October 2014 THE company has declared a dividend of Rs.3830137/- Please let me know the tax to be calculated for this. Is it like we have to calculate the tax on the gross amount of the dividend declared??
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
14 October 2014 on the gross amount....refer this article for computation http://taxguru.in/income-tax/budget-2014-gross-dividend-calculation-dividend-distribution-tax-ddt.html

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