Acutaas Chemicals: Intimation on TDS Deduction for FY26 Dividend
Acutaas Chemicals Ltd has issued a communication to its shareholders regarding the deduction of Tax Deducted at Source (TDS) on the final dividend for FY 2025-26. The Board recommended a dividend of ₹2.50 per equity share, subject to shareholder approval at the AGM on September 24, 2026. The communication details the tax implications as per the Income-tax Act, 2025, effective April 1, 2026. For resident shareholders with valid PAN, TDS is 10%; without PAN or invalid registration, it's 20%. Resident individuals receiving up to ₹10,000 dividend are exempt if Form 121 is provided. Specific documentation is required for resident non-individuals like insurance companies, mutual funds, and AIFs to claim exemptions.
Key Highlights
- Acutaas Chemicals to deduct TDS on FY26 final dividend of ₹2.50 per share.
- TDS rate is 10% for residents with valid PAN, 20% otherwise.
- Resident individuals below ₹10,000 dividend may be exempt with Form 121.
- Specific documentation required for resident non-individuals to claim exemptions.
- Communication details tax provisions effective from April 1, 2026.
Price Impact
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