I had 900 shares in Incap Ltd and the company declared dividend at one rupee per share.
I received a cheque from them instead of direct cedit to my bank account and on top of that, it was only half the dividend due ie. Rs. 450/-.
It mentioned that tax had already been paid and the dividend was tax free.
Can 450 have been paid to tax and another 450 for dividend?
I received a cheque from them instead of direct cedit to my bank account and on top of that, it was only half the dividend due ie. Rs. 450/-.
It mentioned that tax had already been paid and the dividend was tax free.
Can 450 have been paid to tax and another 450 for dividend?