The closely held company giving loan to a member having substantial interest is liable to pay dividend distribution tax @ u/s 115-0 for P.Y. 2020-21
A. 17.472%
B. Nil
C. 17.94%
D. 35.88%
Answer:B
The closely held company giving loan to a member having substantial interest is liable to pay dividend distribution tax @ u/s 115-0 for P.Y. 2020-21
A. 17.472% B. Nil C. 17.94% D. 35.88%