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
1 Replies
Karthik.V.Kulkarni
(Chartered Accountant)
(594 Points)
Replied 01 October 2015
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
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