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Dividend tax

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Querist : Anonymous (Querist)
30 January 2014 THE PRIVATE LIMITED COMPANY AFTER CONVERSION INTO LIMITED LIABILITY PARTNER SHIP (LLP) WHETHER DIVIDEND DECLARED BY THE LLP FROM THE ACCUMULATED RESERVES ATTRACTS DIVIDEND TAX OR NOT?
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AVTAR SINGH

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AVTAR SINGH (Expert)
30 January 2014 Dividend is declared by companies and not LLP. Therefore no DDT is payable by LLP.

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