Accounting entries for deemed dividend and d.d.t.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 September 2012
Can anybody let me know what are the accounting entries for deemed dividend and dividend distribution tax in the books of corporate and its shareholder
Can anybody let me know what are the accounting entries for deemed dividend and dividend distribution tax in the books of corporate and its shareholder
28 September 2012
In my opinion , there should not be any entry passed for deemed dividend as it is deemed dividend under income tax act. Further, no dividend distribution tax is requird to pay on deemed dividend
28 September 2012
if deemed dividend attracted then it dose not involve any actual outflow , but liability regarding deemed dividend can be accounted.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
