Supreme Industries has informed that pursuant to the provisions of the Income Tax Act, 1961, as amended and read with the provisions of the Finance Act, 2021, with effect from 1st April 2020, dividend declared and paid by a company is taxable in the hands of shareholders. The company enclosed an email communication which has been sent to all the shareholders whose email addresses are registered with the Company/Depositories explaining the process and documentation required for withholding tax from dividends paid to the shareholders at prescribed rates. The exemption forms- Form 15H/Form 15G/Form 10F and format of Declaration can be accessed and downloaded from the website of the Company at the web-link:- Form for declaration for deduction of TDS from Dividend (supreme.co.in)
The above information is a part of company’s filings submitted to BSE.
