A.Sundaramoorthy (Student CA IPC / IPCC) (84 Points)
11 April 2018Dear Experts,
A Private limited company going to distribute the dividend on its 15% preference shareholders for the F.Y 2017-18. Is there any return to be filed for the payment of Dividend distribution tax payment.
Kindly clarify the accounting entry in its books of account.
Thanks
satish
(teaching)
(2046 Points)
Replied 11 April 2018
entry is
profit and loss appropriation A/c dr.
to preference dividend a/c
to dividend distribution Tax A/c
A.Sundaramoorthy
(Student CA IPC / IPCC)
(84 Points)
Replied 13 April 2018
Thank You Sir.
Regards,
Moorthy
CAclubindia
