corporate divident tax, Income Tax

[krishan sharma]

dear sir

as per your earlier reply against corporate divident tax

i may consider corpoarte divident tax as part of shareholder divident

and indirectly paid to goverment as additional income tax (if i am wrong please clearify in simple language)

Posts / Replies

[CA Rachit Agarwal]

CDT is definitely additional income tax.

If dividend is 10% being Rs. 100 cr, then pay additional tax =100x15%*1.03.

CDT is payable by the company.