Dividend distribution tax
Querist : Anonymous
Whether Dividend declared is inclusive of DDT
Ex.Dividend declared is Rs.100000/-
What is the amount to pay DDT
It is @16.995% of Rs.16995.
OR Rs.14,526/-.
URgently
Guest
15% plus 5% surcharge plus 3% edu. cess i.e 16.2225.
i.e DDT comes to Rs. 16222.50.
In books of accounts, Dividend declared includes DDT
Querist : Anonymous
Guest
In books it is to be accounted as Dividend paid + DDT = Total Outflow
Querist : Anonymous
Guest
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