What is the dividend distribution tax rate for the FY 2013-14 as per finance act 2013? it is 5 or 10?
Kindly help
pragadeeshkanna (searching) (281 Points)
10 May 2013What is the dividend distribution tax rate for the FY 2013-14 as per finance act 2013? it is 5 or 10?
Kindly help
Sandeep Garg
(Consolidation and IndAS Application)
(1056 Points)
Replied 10 May 2013
15% + 10% surchage + 3% cess = 16.995%
Meelan
(Article)
(24 Points)
Replied 21 September 2013
What is the Dividend Distribution Tax for the AY 2012-13 as per Income Tax Act,1961?
Plz reply through comment
Anix Jose
(Team Lead)
(26 Points)
Replied 22 September 2013
Current Rate of Divided Distribution Tax is
Basic - 15%
Surcharges - 10%
Cess - 3%
Total - 16.995%
Meelan
(Article)
(24 Points)
Replied 22 September 2013
can you plz provide the given section in income tax or finance act for DDT?
CA Pawan Yadav
(Chartered Accountant )
(167 Points)
Replied 01 October 2014
AS Per sec.115O CDT Rate is 16.2225%
15%
5% Surcharge
3% EC
As per Finance Act 2014 w.e.f. 01.10.2014 16.995%