Calculation of divident distribution tax u/s 115-O

This query is : Resolved 

11 June 2008 Respected Members,

One of the client declare the dividend of Rs. 1,50,00,000/-. I wants to know how much dividend distribution tax liability will be incurred by the client u/s 115-O.

Regards,

Prabhakar

12 June 2008 Dividend Tax @15% : 22.50Lacs
Surcharge @10% : 2.25Lacs
Total : 24.75Lacs
Education Cess@ 3%
On total : 0.74Lacs
Total Dividend Tax :
@ 16.995% 25.49Lacs




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