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Dividend distribution tax

I want to confirm that In ddt a fixed surcharge rate of 12% has been prescribed u/s 115o and u/s 115bbda is surcharge rate 12% or rate which is applicable to invidual on the basis of NTI


Mansi Tibrewal

Mansi Tibrewal

CA Final

700

28-Mar-20 11:07

61

Answers (6)

DDT is paid by company declaring dividends.


Suraj Lakhotia

Suraj Lakhotia

Admin

28-Mar-20 11:21

Sir I am asking wheter surcharge rate is fixed 12% or it is according to slab rates for 115o


Mansi Tibrewal

Mansi Tibrewal

CA Final

700

28-Mar-20 11:50

And similarly is surcharge rate fixed for 115bbda 12% or according to slab rates of individual


Mansi Tibrewal

Mansi Tibrewal

CA Final

700

28-Mar-20 11:52

Sir I am asking wheter surcharge rate is fixed 12% or it is according to slab rates for 115o

DDT is paid by company only. Why would Individual slab rate come into picture?


Suraj Lakhotia

Suraj Lakhotia

Admin

28-Mar-20 16:57

Sir I am talking about company slab rate only


Mansi Tibrewal

Mansi Tibrewal

CA Final

700

28-Mar-20 18:09

12% and not based on slab for surcharge.


Suraj Lakhotia

Suraj Lakhotia

Admin

30-Mar-20 21:49