REC Ltd - 532955 - Submission Of Requisite Documents For Claiming Exemption From TDS Or Deduction Of Tax At Lower Rates, On Dividend To Be Paid To Shareholders.
This is in furtherance of our earlier letter dated October 27, 2022 inter-alia intimating about declaration of interim dividend @ ?5/- per equity share of ?10/- each for the financial year 2022-23. The record date for the said interim dividend is Wednesday, November 9, 2022. In this regard, it is pertinent to mention that dividend income is taxable in the hands of shareholders and the Company is required to deduct tax at source (TDS) at the time of making payment of dividends, at the rates prescribed in the Income Tax Act, 1961. Accordingly, it is brought to the notice of shareholders to submit scanned copy of PAN, Form 15G/15H & other requisite documents for the financial year 2022-23, unless already submitted, on or before November 9, 2022 through e-mail at email IDs mentioned in the attached announcement.28-10-2022
