Please Help: sec194 of it act
Posted Date : 15-Jun-2013 , 08:39:52 am | Posted By: Roopanand
Category :
Income Tax | Answers :
1|
Comments :
1| Hits: 165
|
why to deduct tds for a indian company under above qoted sec for payment of dividend as the same is exempted |
 |
|
Answers:
|
Answer by: Vikash Kumar Jha |
To the extent of my knowledge It is exempted in the hand of receiver that why TDS should be deducted by company.
|
 |
|
Comments |
Posted By : Deepanshu Goyal |
17-Jun-2013, 10:39:13 |
same sec applies on the dividend covered under sec 22(2)(e)
the same dividend shall be liable to tax in the hand of shareholder |
|
|
|
|