Rate of Dividend Distribution tax on companies
This query is : Resolved
29 June 2009
Can any one tell me the rate of DDT
whether surcharge & edu. cess is included in 15%.
Give a brief example when it will be
15% , 15.45% & 16.995
whether surcharge & edu. cess is included in 15%.
Give a brief example when it will be
15% , 15.45% & 16.995
vinod kumar lalwani
(Expert)
29 June 2009
Dear,
Rate of DDT is 16.995%.
because the definition of tax as given in section 2 (43) is txa means tax chargeable under this act(i.e income tax act) and surcharge and cess is chargeable under finance act of each year.
so u/s 115-o tax rate is 15% and SC and cesss shall be chargeable separately.
Rate of DDT is 16.995%.
because the definition of tax as given in section 2 (43) is txa means tax chargeable under this act(i.e income tax act) and surcharge and cess is chargeable under finance act of each year.
so u/s 115-o tax rate is 15% and SC and cesss shall be chargeable separately.
Manmohan ACA, CS
(Expert)
29 June 2009
agree
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query on effect of registration of property
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Additional trade name
- Number of years as per AS amortisation of Goodwill
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Visiting card purchase
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Whether output tax is taken credit by purchaser
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
