Dividend Warrant-containing information on TDS.

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....ject:- Dividend Warrant-containing information on TDS. Sir, Section 205(3) of the Companies Act, 1956 provides for payment of dividend except in cash and Section 205(5)(b) of the Act further provides that the dividend payable in cash may be paid either by cheque or warrant. 2. Subsequent to the amendment to Section 10(33) of the Income-tax Act, dividend would be taxable in the hands of the reci....

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.... Deducted (Rs.) Net Amount Payable (Rs.) Certified that a sum of Rs. (in words)......................has been deducted at source and paid to the credit of the Central Government. Place........ Date....... Signature of person responsible for deduction of tax Full Name................... Designation.................. 4. The above format of TDS may be printed on the reverse side of the warran....