dividend distribution tax

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236 Points Joined August 2016
radha ltd received dividend of rs 100 lakh from king ltd of singapore in dec 2016.
company declared interim dividend of rs 200 lakh in january 2017

DDT payable by radha ltd
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On 02 June 2017 at 22:37 Report
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Set-off will be available if King Ltd. is subsidiary of Radha Ltd, and Radha Ltd. is paying tax on 100 lac of dividend u/s 115BBD.

DDT payable:

(200 - 100) lac = 100 lac.

Gross dividend: 100 / (100-15)% = 117.65 lac.

DDT: 17.65 + surcharge + cess.

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On 03 June 2017 at 18:28


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