Dividend Related Articles

Dec - 2023

28

Double Taxation Avoidance Agreements (DTAA): Types, Benefits, and Claim Procedures

Double Taxation Avoidance Agreements (DTAA): Types, Benefits, and Claim Procedures

Double Taxation Avoidance Agreements (DTAA): Types, Benefits, and Claim Procedures In our interconnected world, it's common for individuals to reside in one country while their Income is sourced from another. Under the Income Tax Act of 1961 guidelines, earnings are subject to tax obligations. This ...

Aug - 2021

19

Statement of Financial Transactions (SFT) for Dividend income

Statement of Financial Transactions (SFT) for Dividend income

Statement of Financial Transactions (SFT) for Dividend income The Central Board of Direct Taxes (CBDT) prescribed the Format, Procedure, and Guidelines for submission of Statement of Financial Transactions (SFT) for Dividend income vide a Notification No. 1 of 2021 dated 20th April 2021. With this ...

Feb - 2020

05

Dividend Distribution Tax – Withdrawal & Impact

Dividend Distribution Tax – Withdrawal & Impact

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 with effect from 01.04.2020, DDT would not ...

Oct - 2019

30

Form IEPF-2

Form IEPF-2

Form IEPF-2 Form IEPF-2 is an annual statement of the money transferred to the respective account which is maintained and unclaimed by the company for a period of seven years. As per the IEPF rules, it is mandatory for every company to file Form IEPF-2 regarding such unclaimed amounts within 90 day ...

Apr - 2019

05

Declaration of Interim Dividend by Private Limited Company

Declaration of Interim Dividend by Private Limited Company

Declaration of Interim Dividend by Private Limited Company A dividend means the profit of a company is distributed among the shareholders in proportion to the amount paid-up on the shares held by them. Dividend is usually payable for a fiscal year after the final accounts are ready and the amount o ...

Aug - 2018

28

Section 2(22)(e) of Income Tax

Section 2(22)(e) of 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 interested. Section 2(22)(e) of the Income Tax Act deals ...

Nov - 2017

26

Tax on Dividend Income: Taxation of Dividend Income

Tax on Dividend Income: Taxation of Dividend Income

Tax on Dividend Income: Taxation of Dividend Income Dividends represent a portion of earnings distributed to shareholders if you invest in stocks or mutual funds. Many corporations and mutual fund schemes return profits to their investors through dividends. Given that dividends constitute income, a ...

Dec - 2016

07

Procedure for Declaring Dividend

Procedure for Declaring Dividend

Procedure for Declaring Dividend Dividend under the terms of Companies Act, 2013 refers to the portion of the profit that is received by the shareholders from the company’s net profit, which is by and large legally accessible for distribution among the members. Consequently, dividend is a return on ...

Sep - 2016

09

Dividend Income from Foreign Company

Dividend Income from Foreign Company

Dividend Income from Foreign Company Dividend income which is received from a foreign company is fully taxable in India as per the Income Tax Act. On the other hand, dividend received from an Indian company that was subject to dividend distribution tax is exempt from tax according to Section 10(34) ...

Sep - 2015

27

Declaring Dividend in Company

Declaring Dividend in Company

Declaring Dividend in Company A company by declaring dividend can distribute all or a a portion of the net profit to its shareholders. Dividend is a return the shareholders earn on the share capital of the company. In this article, we look at all aspects of declaring dividend in a Company. Divid ...

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