Ddt & dividend to shareholder after 01/10/2014

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If a company want to declare dividend and management has decided that distributable surplus is 8 crore (inclusive DDT), therefore now the question rise for calculation of dividend tax. I have done this calculation Dividend to shareholder - 6,64,04,000 Dividend Tax - 1,35,96,000 Total distributable surplus - 8,00,00,000 Dividend TAx @ 16.995% if you grossedup the dividend to shareholder it will be 8 crore.

 

Replies (1)

Dear Sir,

 

Amount Of Dividend will be 80000000*100/116.995

Amount Of Dividend will be 80000000*16.995/116.995

 

 

 Thanks & Regard 

Vineet Kumar

 

 


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