A copy of the communication regarding TDS on the dividend proposed, sent to the shareholders today, i.e., 29th August 2025, is enclosed herewith for your kind reference. Kindly take ....
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ITCONS E-Solutions has communicated the TDS provisions applicable on its proposed final dividend of Rs. 0.15 per equity share (1.5%) for FY ended March 31, 2025. The Board recommended this dividend on May 30, 2025, and the record date has been fixed as September 18, 2025. Dividend payment will be made within 30 days of the AGM, subject to applicable tax deduction. TDS rates are 10% for resident shareholders with valid PAN, 20% without PAN, and 20% or applicable DTAA rate for non-residents. Shareholders must submit required documents (PAN, Aadhaar, residential status, category, bank details) by September 22, 2025 to the RTA (Cameo Corporate Services) to avoid higher tax deduction.
This is a routine procedural filing on TDS rules for an already-declared dividend and does not signal any change in dividend amount or company policy. Retail shareholders who are resident individuals with dividend income under Rs. 10,000 in FY26 can submit Form 15G/15H to avoid TDS, while non-residents should check DTAA eligibility to reduce withholding tax.