Cdt

This query is : Resolved 

11 August 2011 Hi.

Can any body tell me that whether we can claim Corporate dividend tax / Dividend distribution tax as refund?
If yes and how?
As nothing in the income tax act its written about getting CDT as refund i guess.

Thanks

12 August 2011 Please refer Section 115-O.
Sub Section (4)- It's a final tax and no further credit shall be claimed by the company.
Sub Section (5) -No deduction shall be allowed means adjustment is also not possible.

12 August 2011 No, The CDT can not be claimed as refund.


13 August 2011 Yes provided you have paid excess dividend distribution tax or have wrongly paid it other wise there is no chance.



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