CDT

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 June 2010 CDT is payable on DIVIDEND PAID ONLY or DIVIDEND DECLARED DISTRIBUTED OR PAID ??

Kaustuv (Expert)
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27 June 2010 as per sec 115-O of the IT Act, tax on dividend is payable on declared, distributed or paid, whichever is the earliest.

CA BHUMIKA (Expert)
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29 June 2010 i totally agree with expert.
this statement it provided by provision itself.

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