Divident Clarification

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Prasanna Bhat (Querist)
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24 October 2008 When dividend is declared is it after net profit or before that

S.Srinivasaraghavan (Expert)
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24 October 2008 It is when the distributable profit (after taxation ) is determined.

Prasanna Bhat (Querist)
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24 October 2008 Thx meanwhile in how many days after declaring the dividend the dividend tax should be remitted

S.Srinivasaraghavan (Expert)
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24 October 2008 Please see section 115-O(3)

Bhaskaran Chackrapani Warrier (Expert)
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24 October 2008 Within 14 days.

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