Alphageo India Ltd: TDS on ₹5 Dividend for FY25-26 Detailed
Alphageo (India) Ltd has issued a communication detailing the applicability of Tax Deducted at Source (TDS) on dividend payments for the financial year 2025-26. The Board of Directors recommended a dividend of ₹5 per equity share, subject to shareholder approval at the AGM on September 18, 2026. The record date is September 11, 2026. The company clarified that dividend income is taxable for Tax Year 2026-27. TDS rates vary based on shareholder residency, PAN, and submitted declarations. For resident individuals, TDS is 10% if dividends exceed ₹10,000, but can be nil if Form 121 is submitted and conditions are met. For non-individual resident shareholders, TDS is 10% without a threshold, unless a lower withholding certificate is provided.
Key Highlights
- Alphageo recommends ₹5 per share dividend for FY25-26.
- TDS applicability and rates detailed for Tax Year 2026-27.
- Resident individuals face 10% TDS above ₹10,000, with nil option.
- Non-individuals face 10% TDS, subject to lower withholding certificates.
- Shareholders must submit valid PAN and declarations for TDS.
Price Impact
More from ALPHAGEO