Post by: IndiaFilings in Compliance Income Tax
Dividend Distribution Tax – Withdrawal & Impact Dividend Distribution Tax (DDT) refers to the income tax paid by a company on the dividends distributed to members. In the Union Budget presented on 1st February 2020, the Finance Minister announced that…
Post by: Sreeram Viswanath in Compliance Income Tax
Section 2(22)(e) of Income Tax Dividend under the Income Tax Act includes any advance or loan provided by a company to its shareholders. The concept of dividend is applicable to all corporate entities in which the public is not substantially…
