Technocraft Industries (India) Limited hereby intimates regarding e-mail to shareholders about deduction of Tax at Source (TDS) on interim dividend
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Technocraft Industries has informed shareholders about tax deduction at source (TDS) on the interim dividend that may be declared at the Board meeting on May 28, 2026. The company will deduct TDS at rates ranging from NIL to 20% depending on shareholder category and documentation submitted. Resident individuals with valid PAN and Form 121 can claim NIL TDS, while those without PAN or with invalid PAN will face 20% TDS. Non-resident shareholders can opt for lower Tax Treaty rates by submitting required documents including Tax Residency Certificate and Form 41. Shareholders must submit all tax documents by June 6, 2026 to avail concessional TDS rates.
Shareholders need to submit tax documents promptly to avoid higher TDS deductions. Those with valid PAN and proper documentation can reduce withholding tax to as low as NIL for resident individuals. After June 6, no claims for lower TDS rates will be entertained.