Dividend received from Brightcom Group

This query is : Resolved 

10 November 2022 whether TDS will be applicable on Dividend received from Brightcom Group.

10 November 2022 Yes. If any resident individual shareholder is in receipt of dividend exceeding Rs. 5,000 in a fiscal year, entire dividend will be subject to TDS @ 10%. The rate of 10% is applicable provided the shareholder has updated his/her Permanent Account Number (PAN) with the depository/ Registrar and Transfer Agent (RTA). Otherwise the TDS rate will be 20%.



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