Dividend Distributed by Securitization Trust
soumya d prabhu (ernakulam) (73 Points)
15 October 2019soumya d prabhu (ernakulam) (73 Points)
15 October 2019
Suresh Thiyagarajan
(Student)
(3986 Points)
Replied 15 October 2019
1. If the same is covered u/s 115TA then tax will be payable by the Securitisation trust within 14 days from the date of distribution.
2. Yes, DDT @ 25% in case of income distributed to Individual or HUF
3. In other cases, it will be 30%.
Please correct me if the above solution has an alternative view.
soumya d prabhu
(ernakulam)
(73 Points)
Replied 15 October 2019
Kapadia Pravin
(17264 Points)
Replied 16 October 2019