Can anyone tell me the DDT and applicability of surcharge for a domestic company that is yet to declare the final dividend. I mean pls let me know the A.Y. also.......!!!!!!!!
FATEMA
(CHARTERED ACCOUNTANT)
(719 Points)
Replied 24 June 2011
Suraj,
DDT from april 1,2010 to march 31,2011 is 16.60875% {(divided tax as % of dividend-15%),(Surcharge as % of dividend-1.125%)}
DDT from april 1,2011 onwards is 16.2225% {(dividend tax as % of dividend-15%),(Surcharge as % of dividend - 0.75%)}
Regards,
Fatema