Dividend distribution Tax

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sankita
Posts: 2
Joined: Mon Jul 26, 2010 1:35 pm

Dividend distribution Tax

Post by sankita »

I have a Ltd company. This year it made a pat of 10,00,000/-

How much dividend tax will I have to pay?
sankita
Posts: 2
Joined: Mon Jul 26, 2010 1:35 pm

Dividend distribution Tax

Post by sankita »

You have to pay tax U/s. 115 O

Dividend tax has to paid on the dividend amount declared.

If dividend declared is 5 lakhs then 5*16.995/100 = 84975

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