Hemant holds 100 shares of Gold Ltd., a domestic company. He has been paid dividend of ₹10,000 during the year 2014-15. Dividend distribution tax payable under section 115-O will be
CS Executive · Tax Laws and Practice · PYQS · June 2015
Hemant holds 100 shares of Gold Ltd., a domestic company. He has been paid dividend of ₹10,000 during the year 2014-15. Dividend distribution tax payable under section 115-O will be
Answer & Explanation:
The official key records '##'. This question is excluded from automatic grading because the source does not supply an unambiguous valid choice. Official source note: none of the option is correct, the correct answer is ₹ 1999.40 payable by Gold Ltd.
Topics: Income Tax
Related Questions in this Topic
- Senthil employed in a nationalized bank incurred ₹60,000 towards medical expenditure of his parent who is a senior citiz...
- Income tax assessment of Kuber was completed on 15-12-2018 for the assessment year 2016-17. There is an error apparent i...
- Income tax assessment of Ajay was completed determining the income at ₹8,40,000 as against the returned income of ₹5,40,...
- A resident having transaction with a non-resident who has filed form 35D for advance ruling, can withdraw the applicatio...
- When the Advance Pricing Agreement (APA) has been entered into, it is valid for not more than __________ consecutive pre...