- All Categories
- Income Tax (1614)
- Students (768)
- Service Tax (497)
- Corporate Law (462)
- Audit (393)
- Accounts (336)
- VAT (277)
- GST (136)
- Excise (106)
- Finance (104)
- Banking (46)
- FEMA (40)
- Custom (29)
- Shares & Stock (18)
- IFRS (17)
- Income Tax Software (4)
- Cost Inflation Index (1)
Recent
- Test
- 26QB Challan
- Cash amount deposit in bank account as on dt:31-03-24
- branch statutory Audit
- Tax Liability on payment of Gratuity
- Using the work orders of another entity
- Capitalisation of Assets in case of housing society
- GSTR 9 ITC Reversal
- Reissue Refund of Closed Partnership Firm
- section 43B(h)
- TCS os sale of Fly Ash
- Limit of cash on hand sec 44ad person
- STATUTORY AUDIT
- Long term capital gain
- Un secured loans hug amount sec 68 provision applicable
- Resume Upload
- Cash balance increased options
- FOREX FFMC GSTR-1
- missing turnover show in next quater or drc-03 pay correct procedure
- Banking
- Gift transactions from relatives allowed different dates
- TALLY EXCEL IMPORT
- Income Tax
- Empanelment ewnewal fees
- Tax Audit in case of Pvt. Ltd. Company
- ITC from ISD wrongly reflecting in System generated annual GSTR 3B
- Pf and esi subscription amounts late payments claim eligible and provision compulsory
- GST Applicability
- Loans credit and debit adjustment entry allowed in it act
- Tax audit or itr-3 filed f.y.22-23
- Gst returns nil filed cash deposit in bank account
- Cash limit question
- TDS
- Income from AIF Mutual Fund-Under Section-115UA & 115UB.
- Income Tax
- Audit
- audit
- Income Tax
- TDS on provision of audit fees
- Business loan from bank how much amount available
Q. > Please Help: PAYMENT OF DDT
Dear Sir,
ABC Co. declares dividend in the AGM held on 20th Sept, 2014, for the year ending 30th March, 2014.
Now Dividend Distribution Tax has to be deposited within 14 days from Declaration (i.e.,20th Sept).
Now my Question is regarding clarification of Assessment Year (A.Y.) to be filled in Challan 280.
Will the A.Y. Be
i) A.Y. 2014-15 (as the Dividend was declared out of the profit of F.Y. 2013-14).
But the problem arise here, is that, suppose we pay the DDT within 14 days (let say on 3rd Oct, 2014)and mentioned A.Y. 2014-15 in the Challan. Also the ITR-6 has be filed before due date (i.e,30th Sep), then how we can fill the DDT Challan details in ITR-6?
OR
II) A.Y. 2015-16 (as the Dividend and DDT was paid in FY 2014-15)
Please Clarify the above issue
Thanks in Advance
Experts Panelist
Comments