Income Tax : The Special Bench ruled that DDT under section 115-O is a distinct tax on the company, not on shareholders. Treaty dividend rates ...
Income Tax : Get a comprehensive overview of dividend taxation after the shift to the classical system. Covers TDS obligations, tax rates, DTAA...
Company Law : Explore the key provisions on dividend declaration under the Companies Act, 2013, including rules, restrictions, and compliance wi...
Income Tax : Double taxation of dividends burdens investors, deterring equity investments. Budget 2025 may reform rates to enhance economic eff...
Company Law : Learn about dividend types, declaration processes, and penalties for non-payment under the Companies Act....
Income Tax : Delhi ITAT held that Dividend Distribution Tax paid on dividends to non-resident shareholders could be restricted to the treaty ra...
Income Tax : The Supreme Court has framed substantial questions on whether DDT under Section 115-O is a tax on shareholder dividend income or o...
Income Tax : Court held that dividend remains income of the shareholder and DDT is an additional income tax covered under Article 2, restrictin...
Income Tax : Chennai ITAT rules Dividend Distribution Tax (DDT) is a company tax and not covered by DTAA, rejecting the refun...
Income Tax : Explore Sennheiser Electronics India vs Circle – 4 case at ITAT Delhi. Section 115-O rate applies for additional tax on dividend...
Delhi ITAT held that Dividend Distribution Tax paid on dividends to non-resident shareholders could be restricted to the treaty rate under applicable DTAAs. The Tribunal relied on the Bombay High Court ruling that DDT is, in substance, a tax on shareholder dividend income.
The Supreme Court has framed substantial questions on whether DDT under Section 115-O is a tax on shareholder dividend income or on company profits. The ruling may determine applicability of DTAA treaty rates on dividend distributions to foreign shareholders.
The Special Bench ruled that DDT under section 115-O is a distinct tax on the company, not on shareholders. Treaty dividend rates therefore cannot cap the DDT payable by an Indian company.
Court held that dividend remains income of the shareholder and DDT is an additional income tax covered under Article 2, restricting India’s taxing rights to 10% under Article 11 of the India–UK DTAA.
Get a comprehensive overview of dividend taxation after the shift to the classical system. Covers TDS obligations, tax rates, DTAA benefits, Section 80M relief, and new rules applicable to IFSC and foreign investors.
Chennai ITAT rules Dividend Distribution Tax (DDT) is a company tax and not covered by DTAA, rejecting the refund claim. Separately, it capped the TDS disallowance at 30% under Section 40(a)(ia).
Explore the key provisions on dividend declaration under the Companies Act, 2013, including rules, restrictions, and compliance with tax and SEBI regulations.
Double taxation of dividends burdens investors, deterring equity investments. Budget 2025 may reform rates to enhance economic efficiency and attract investment.
Learn about dividend types, declaration processes, and penalties for non-payment under the Companies Act.
The Finance Act, (2), 2024 has made certain changes relating to levy of income tax on consideration received on buy-back of shares resulting significant impact on income tax liability to shareholders. This change impacts all future buy back proposals. Corporates houses are evaluating different strategies to minimise the tax impact. Legal experts challenges taxing buy […]
