Sunday, April 9, 2017

dividend distribution tax with example

Dividend Distribution Tax (Direct Taxes - 2)

Tax on Distributed Profit of domestic companies - Dividend Distribution Tax (DDT) 

  1. DDT Applicable to Domestic company
  2. DDT Rate of Tax: 15% + SC (12%) + EC (3%) - 17.304 %
  3. Time Limit for Payment: Within 14 Days from the date of Dividend declared / distributed / Paid whichever is earlier
  4. Interest for delay: Delay in payment attracts interest @ 1% per month or part of month

ddt on mutual funds ddt on equity mutual funds exemption from ddt time limit for payment of ddt,  relief from ddt,  ddt rates for fy 2016-17
ddt on mutual funds ddt on equity mutual funds exemption from ddt time limit for payment of ddt,  relief from ddt,
CA N.Rajasekhar [M.Com, FCA, DISA (ICAI)]
rajdhost@yahoo.com

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