Ddt

Shivani (Learner) (1881 Points)

19 October 2016  

Dear Friends

Dividend declared by dometic company Rs. 100

Calculation of DDT as follows:

Net Dividend Rs. 100

Gross Up (100*0.15)/(1-0.15) = 17.65

Gross Dividend Rs. 117.65

DDT 15% x 117.65 = 17.65

Now my question is that while grossing up I have taken DDT rate of 15% but havent taken surcharge and cesses into account.

Are surcharge and cesses also needs to be considered while grossing up?

regards

shivani