115o

This query is : Resolved 

13 March 2012 Dividend tax for the F.Y.2010.11 is paid as on 10.03.2012 u/s 115O of the Act.What rate of DDT is applied?Which A.Y.is to be written on challan while paying it?

13 March 2012 Rate : 18% + 7.5% Surcharge (if total income of the company is more than 1 crore) + 3 Edd.cess & HSHEC.

A Y : 2011-12. F Y :2010-11 ( dividend is exempt in the hands of the recipient therefore quetion of assessment year does not arise to the recipient )

14 March 2012 Dividend Distribution Tax (DDT)effective rate @ 16.60875 %( 15% + 7.5% s.c( even Total income of the company less than 1 crore) +3 % HC& SHEC ).





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