Dividend Tax

This query is : Resolved 

12 April 2010 Dear Sir,

What will be the surcharge rate on Dividend Tax for the Financial Year 2009-10 but decleared, distributed and paid in the next year.

Whether it will be 10% (of 2009-10) or 7.5% (of 2010-11)

12 April 2010 IT WILL BE 10%

12 April 2010 Why so if the dividend is decleared, distributed and paid in the next year


12 April 2010 IT RELATES TO THE FY 2009-10 AND HENCE 10%. LET OTHER EXPERTS ALSO GIVE THEIR VIEW

12 April 2010 experts waiting for your views..

12 April 2010 It should be taxed in the year of declaration of dividend. If it is declared in the financial year 2010-11, pertaining to the financial year 2009-10, it will be taxed as per financial year 2010-11.



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