Dividend tax

srinivas.raipudi@yahoo.co.in (Audit Manager) (25 Points)

06 March 2018  

Dear sir,or friends,

 

I have one doubt , for example one Assessee is get the dividend from Various companies 75,00,000 as dividend from domestic companies . some companies paid the dividend in a year more than 10 lakhs & some companies paid as smaller amounts  like 10,000, 15,000 & 415000. etc.

My doubt is  as per section 115DDB , HOW CAN i caliculate income tax on overall ( total ) diividend @ 10 % na  or individual party wise na ,i. e  who paid the dividend exceed the more than 10 lakhs amounts is applicable tax na.

 

Plz clarify me.