Surcharge on ddt -

Tax queries 494 views 1 replies

Period for which Dividend declared is FY  2014-15 , Board declared it on May 15. Surcharge rate applicable is 10% or 12% as dividend is distribution is during Oct 15

Replies (1)

Hi Vignesh,

Surcharge is payable at the rate applicable for AY 16-17 ie PY 15-16. The rates as in force in the year in which dividend is declared.

Regards,

Karthik V Kulkarni


CCI Pro

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