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      Question

      On which of the following is the corporate dividend tax

      computed?┬а
      A Net Profit Correct Answer Incorrect Answer
      B Share capital Correct Answer Incorrect Answer
      C Profit Before Tax Correct Answer Incorrect Answer
      D Dividend Paid Correct Answer Incorrect Answer
      E EBIT Correct Answer Incorrect Answer

      Solution

      In India, a company which has declared, distributed or paid any amount as a dividend, is required to pay a dividend distribution tax (DDT) at┬а15%. This is computed on the dividend declared/paid. It has been withdrawn w.e.f 1 April 2020.

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