In India, dividend distribution tax is paid on:

Equity Share

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Preference Share

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Debenture

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Both A and B

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Solution

The correct option is D Both A and B
Dividend distribution Tax is the tax imposed by the Indian government on companies according to the dividend paid to the company's investors. At present the dividend distribution tax is 15%.

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Similar questions

Equity dividend paid should be classified as ___

Particular	31^st March 2019 (₹)	31^st March 2018 (₹)
Equity Share Capital	8,00,000	8,00,000
10% Preference Share Capital	6,00,000	6,00,000
Surplus i.e., Balance in Statement of Profit and Loss	7,20,000	4,00,000
Unpaid Dividend	20,000	–

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