https://www.taxtmi.com/circulars?id=4541 Principal officers of Indian companies or companies making prescribed dividend arrangements must deduct tax at source on any dividend payment before payment or distribution. Payors must apply the specified withholding rates for resident and non resident persons - residents at a stated income tax rate plus surcharge; non residents at a higher income tax rate plus surcharge or, if greater, tax and surcharge computed under the alternative schedule. Companies receive different withholding treatment: domestic and non domestic companies are charged distinct income tax rates with corresponding surcharges. en-us Fri, 21 Jun 1974 00:00:00 +0530 Wed, 30 Jul 2008 14:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4541 Principal officers of Indian companies or companies making prescribed dividend arrangements must deduct tax at source on any dividend payment before payment or distribution. Payors must apply the specified withholding rates for resident and non resident persons - residents at a stated income tax rate plus surcharge; non residents at a higher income tax rate plus surcharge or, if greater, tax and surcharge computed under the alternative schedule. Companies receive different withholding treatment: domestic and non domestic companies are charged distinct income tax rates with corresponding surcharges. Circulars Income Tax Fri, 21 Jun 1974 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4541