StockWatch
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Hotels & Resorts
Clarification11 Jun 2026, 12:44 pm

Benares Hotels: Shareholder Email on Dividend Tax

AI Summary

Benares Hotels Ltd has issued an email communication to its shareholders regarding the taxability of dividend income as per the Income Tax Act, 2025. The email outlines the process for tax deduction at source (TDS) and the formalities shareholders must complete to ensure appropriate tax deduction on any declared dividends for FY 2026-27. This information is also available on the company's website. The filing includes Form No. 121 for declarations related to receiving income without tax deduction.

Key Highlights

  • Shareholders informed about dividend income taxability.
  • Details provided on TDS process and shareholder formalities.
  • Form No. 121 included for tax exemption declarations.
  • Information available on the company website.