TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Companies must deduct 10% TDS on dividends to resident shareholders, exemptions for small individual payouts and specified entities</h1> The principal officer of an Indian company or a company arranging dividend payments must deduct tax at source at ten percent on dividends paid to resident shareholders before making payment or distribution. No deduction is required for an individual shareholder where the dividend is paid by a non-cash mode and the aggregate dividend to that shareholder in the financial year does not exceed ten thousand rupees. The section does not apply to certain institutional shareholders (specified national insurers, certain wholly beneficially owned shareholdings), a business trust's qualifying special purpose vehicle, and other persons as the government may notify.
TaxTMI 
TaxTMI 
