Century Plyboards (India): Deduction Of Tax At Source On Dividend - Shareholders Communication | Value Research

Century Plyboards (India): Deduction Of Tax At Source On Dividend - Shareholders Communication

Pursuant to the provisions of the Income Tax Act 1961 as amended by Finance Act 2020 with effect from 1stApril 2020 the Dividend Distribution Tax has been abolished and dividend income is taxable in the hands ofthe shareholders.In this regard please find enclosed herewith an email communication which has been sent to all theshareholders whose email addresses are registered with the Company/Depositories informing them aboutdeduction of tax at source on dividend.

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