Gaja Alternative Asset Management: TDS on Dividend/Tax Exemption

Gaja Alternative Asset Management Ltd has issued a communication to its shareholders regarding Tax Deducted at Source (TDS) on interim dividends for FY 2026-27. The company declared an interim dividend of ₹0.50 per equity share on November 4, 2026. Shareholders are informed about the withholding tax rates, which vary based on residential status and submitted documentation. For resident individual shareholders, no tax will be deducted if the total dividend for FY 2026-27 does not exceed ₹10,000. Specific documentation requirements are outlined for resident and non-resident shareholders to claim tax exemptions or lower withholding tax rates, including PAN, Form 121, and lower tax deduction certificates where applicable. Non-resident shareholders face withholding tax rates of 20% or the beneficial tax treaty rate, with specific documentation requirements.