Please Help: sec194 of it act
Posted Date : 15-Jun-2013 , 08:39:52 am | Posted By roopanand
why to deduct tds for a indian company under above qoted sec for payment of dividend as the same is exempted
Category : Income Tax | Answers : 1 | Comments : 1 | Hits : 90
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
deepanshu goyal
17-Jun-2013 , 10:39:13 amsame sec applies on the dividend covered under sec 22(2)(e) the same dividend shall be liable to tax in the hand of shareholder