Dividend distribution tax

This query is : Resolved

Venkatesh V (Querist)
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09 April 2019 Dividend distribution tax paid for the AY 18-19 to be paid as mentioned tariff

Tax -15%
Surcharge- 12%
Cess- 3%

But it is declared in the AY 19-20 and the same is paid on 29.05.2018, we have remitted 15%+12%+3%, but the tariff is amended on June'18 w.e.f from 01.04.2018 as 15%+12%+4% whether it is applicable for the payment made for the AY18-19 also. pls clarify

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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10 April 2019 If the dividend has been declared in FY 2018-19 then you have to pay 4% cess.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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10 April 2019 DDT is payable within 14 days from the date of a. declaration of dividend b.distribution of any dividend or c. payment of dividend which ever is earlier.

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