Hemant holds 100 shares of Gold Ltd., a domestic company. He has been paid dividend of ₹ 10,000 during the year 2020-21. Dividend distribution tax payable u/s 115-0 will be-
A. ₹ 1,765, payable by Gold Ltd.
B. ₹ 1,765, payable by Hemant.
C. Nil payable by Gold Ltd.
D. ₹ 2,106, payable by Hemant.
Answer:C
Hemant holds 100 shares of Gold Ltd., a domestic company. He has been paid dividend of ₹ 10,000 during the year 2020-21. Dividend distribution tax payable u/s 115-0 will be-
A. ₹ 1,765, payable by Gold Ltd. B. ₹ 1,765, payable by Hemant. C. Nil payable by Gold Ltd. D. ₹ 2,106, payable by Hemant.