MAHINDRA & MAHINDRA LTD. - 500520 - Communication To Shareholders: Dividend For FY 2023-24 - Intimation On Tax Deduction At Source (TDS)/Withholding Tax On Dividend
Pursuant to the changes introduced by Finance Act, 2020, Dividend Distribution Tax has been abolished with effect from 1st April, 2020 and the Dividend income has become taxable in the hands of the Shareholders. In this regard, please find enclosed an email communication which has been sent to all the Shareholders whose email addresses are registered with the Company/RTA or Depositories inter alia indicating the process and documentation required for claiming tax exemption on dividend. This is for your information and record.10-06-2024