Dividend distribution tax

According to Section 115-0

The principal officer of the domestic company and the company shall be liable to pay the tax on distributed profits to the credit of the Central Government within fourteen days from the date of --

(a) declaration of dividend; or

(b) distribution of any dividend; or

(c) payment of any dividend,

whichever is earliest.

In the present Eg:

Dividend was approved in July and paid in Sept. so DDT is to be paid within 14 days from the date of declaration/ approval (july)