13 October 2014
THE company has declared a dividend of Rs.3830137/- Please let me know the tax to be calculated for this. Is it like we have to calculate the tax on the gross amount of the dividend declared??
14 October 2014
on the gross amount....refer this article for computation http://taxguru.in/income-tax/budget-2014-gross-dividend-calculation-dividend-distribution-tax-ddt.html