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Can I get refund of TDS on dividend?
However, in case an individual has only dividend income up to Rs 2.5 lakh or the total income, including the dividend income, is not taxable, filing of return of income will become necessary due to the tax deduction and to claim back the TDS charged on dividend income as tax refund.
How can I claim TDS exemption in dividends every financial year?
Submission of Form 15G/15H: The company or mutual fund informs the shareholder about the dividend declaration on their registered mail id and requires submission of form 15G or form 15H to claim dividend income without TDS.
What is the record date for Hul dividend 2021?
27 October 2021
Hindustan Unilever has fixed 27 October 2021 as record date for interim dividend of Rs 15 per share. The dividend will be paid on or after 12 November 2021.
Where do I send Form 15H for dividend income?
The relevant form may be submitted directly to the Asset Management Company (AMC) or to their Registrar and Transfer Agents (RTA) – such as CAMS and KFintech – in the case of the Dividend Payout option on Mutual Fund schemes. Investors can also submit Form 15G or Form 15H online at the official site of AMCs or RTAs.
What is the section for TDS on dividend?
Section 194 provides for deduction of tax at source on distribution or payment of dividend by an Indian Company. The rate for tax shall be 10\% and liability to deduct TDS shall arise if the amount of dividend distributed or paid to shareholder exceeds Rs. 5,000; Q5.
How can I claim TDS refund online?
How to Claim TDS Refund Online?
- Sign in or sign up on the online e-filing portal of the Income Tax Department, i.e. incometaxindiaefiling.gov.in.
- Fill in the relevant details in the applicable Income Tax Return (ITR) form.
- On submission of the ITR, the portal generates an acknowledgement.
What is the rate of TDS on dividend?
10\%
Effective April 1, 2020, as per the Income Tax Act,1961, the dividend income is taxable in the hands of shareholders. Accordingly, if any resident individual shareholder is in receipt of dividend exceeding Rs. 5,000 in a fiscal year, entire dividend will be subject to TDS @ 10\%.
What dividend did Hul declare?
Hindustan Unilever Ltd.
| Announcement Date | Ex-Date | Remarks |
|---|---|---|
| 18-05-2017 | 22-06-2017 | Rs.10.0000 per share(1000\%)Final Dividend. |
| 14-10-2016 | 01-11-2016 | Rs.7.0000 per share(700\%)Interim Dividend |
| 09-05-2016 | 22-06-2016 | Rs.9.5000 per share(950\%)Final Dividend |
| 05-10-2015 | 19-10-2015 | Rs.6.5000 per share(650\%)Interim Dividend |
Is Hul giving dividend?
Hindustan Unilever Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 21, 2020, inter alia : – Declared an interim (special) dividend of Rs. 9.50 per equity share of face value of Re. 1/- each for the financial year ending March 31, 2021.
Is TDS applicable on dividend?
When to Deduct TDS under Section 194? Such tax shall be deducted before making payment of dividend. Tax is to be deducted at the rate of 10\% (7.5\% w.e.f. 14.05. If the recipient of income doesn’t furnish his PAN to deductor, then TDS is to be deducted at the rate of 20\%.