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Instructions for TDS ON DIVIDEND AND SUBMISSION OF FORMS Pursuant to the provisions of the Income Tax Act, 1961 (Act), as amended by the Finance Act, 2020, dividend paid or distributed by a Company
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How to fill out communication of final dividend
How to fill out communication of final dividend
01
Determine the amount of final dividend to be communicated.
02
Prepare a formal communication letter or email addressing the shareholders.
03
Include essential details such as the amount of dividend, payment date, and any other relevant information.
04
Send the communication through the appropriate channels such as mail or email.
05
Keep a record of the communication for future reference.
Who needs communication of final dividend?
01
Shareholders of the company who are entitled to receive the final dividend.
02
Board members and executives responsible for distributing dividends.
03
Regulatory bodies or auditors who require documentation of dividend distribution.
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What is communication of final dividend?
Communication of final dividend refers to the formal notification sent by a company to its shareholders, informing them about the declaration of the final dividend and the details associated with it.
Who is required to file communication of final dividend?
The company declaring the final dividend is required to file the communication with its shareholders and relevant regulatory authorities.
How to fill out communication of final dividend?
To fill out communication of final dividend, a company must provide details such as the amount of the dividend, the record date, payment date, and any other relevant information about the distribution to shareholders.
What is the purpose of communication of final dividend?
The purpose of communication of final dividend is to keep shareholders informed about their earnings from the company, ensure transparency, and comply with regulatory requirements.
What information must be reported on communication of final dividend?
The information that must be reported includes the dividend amount, declaration date, record date, payment date, and any other pertinent details related to the dividend distribution.
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