Rate of tax payable on Dividend Distribution Tax (DDT) - ...

Income Tax

January 22, 2024

Rate of tax payable on Dividend Distribution Tax (DDT) - Distribution of dividends to its share holders (Germany) (Non-residents) - the additional income tax payable by a domestic company on dividend distribution to non-resident shareholders should be at the rate mentioned in Section 115-O of the Act and not at the rate specified in the relevant Double Taxation Avoidance Agreement (DTAA) with respect to such dividend income. - AT

View Source

← Previous Next →

Rate of tax payable on Dividend Distribution Tax (DDT) - ...

Income Tax

January 22, 2024

You may also like:

Credit of Dividend Distribution Tax u/s 115-O - The AO, in preparing the statement of assessed total income, computed the DDT payable but did not adjust the DDT already...

Taxability of dividends - dividend is declared, distributed or paid by a domestic company to a non-resident shareholder(s) - The Tribunal held that, additional income...

Application of Dividend Distribution Tax to Deemed Dividend

Addition on account of short deposit of Dividend Distribution Tax (DDT) - we do not find mention of any of the provisions of the income tax act which provides that short...

Refund of excess Dividend Distribution Tax - additional income tax payable by the domestic company shall be at the rate mentioned in section 115-O of the Act and not at...

Set off of deemed dividend against actual dividend paid by certain companies - dividend distribution tax as per section 115-O is in respect of dividend covered u/s...

Levy of Dividend distribution tax (DDT) at the rate of 20.36% u/s 115O - claim of assessee that it should have been levied at the rate of 15% in terms of Article 10 of...

Cascading effect in Dividend Distribution Tax removed

Refund of excess Dividend Distribution Tax (“DDT”) paid by the assessee - wherever the Contracting States to a tax treaty intend to extend the treaty protection to the...

Deduction u/s 80M - Dividend received from UTI - CIT(A) rejected deduction u/s 80M as dividend distribution was related to earlier years - Tribunal granted deduction -...

Quick Updates: