Examples of Dividend Distribution in a sentence
Dividend Distribution ProcedureIn accordance with SEBI Circular no.
Dividends are freely repatriable without any restrictions (net after Tax deduction at source or Dividend Distribution Tax, if any, as the case may be).
Until 31 March 2020, the Mutual Fund was charged with the incidence of Dividend Distribution Tax at the point of distribution of income in the form of Dividend to its investors.
With effect from 01 April 2020, the incidence of tax has been shifted from the Mutual Fund to the investors whereby any income in the form of Dividend distributed by the Mutual Fund to its investors will not be subject to Dividend Distribution Tax, rather the same would be taxable in the hands of the investor.
The geologist also provides a set of illustrations showing the results of the analyses.