Dividend

This query is : Resolved 

08 May 2009 Is Tax on dividend applicable on what basis? & can you give me details information on tax on dividend?

08 May 2009 Dividend is TOTALY EXEMPTED in the hands of Individual, HUF, AOP, even company. As dividend distribution tax is to be paid by Company.

08 May 2009 A company paying/distributing dividend has to pay tax on dividend viz., dividend distribution tax. For details refer section 115 O of the Income tax act,1961.




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