Annexure - 1
Declaration by Joint Shareholders under Rule 37BA (2) of the Income tax Rules, 1962*
I
,the primary shareholder (Joint Shareholder 1) of
shares of DCM Shriram Ltd. as on 27th October 2021 (the record date for
Interim dividend payout for F.Y.2021-22) against (DPID & Folio No) do hereby request the
company to provide the credit of Tax Deducted at source on the dividend payouts by the Company, separately
to the joint shareholders (beneficiary shareholder) of the said shares as per the following information given in
this regard.
The reason for such request is that the beneficial ownership of shares that are held by below mentioned Joint
shareholders (Total number of shares). The details are provided as under:
No.
Particulars
Joint Shareholder
1
Joint Shareholder
2
1.
Name of
shareholder):
the
Joint
shareholder
(beneficiary
2.
PAN of Joint shareholder
3.
Percentage of shares held by the Joint Shareholder
(beneficiary shareholder)
4.
Residential Status of Joint shareholder in India for
F.Y. 2021-22
5.
Country of Tax Residence of Joint shareholder for
F.Y. 2021-22 in case residential status as mentioned in
(4) above is other than India
6.
Address of the joint shareholder
7.
Email id of Joint shareholder
8.
Telephone Number of Joint shareholder
We hereby validate the above-mentioned information and we do hereby declare that to the best of my/our
knowledge and belief what is stated above is correct, complete and is truly stated. We undertake to
indemnify for any tax liability (including but not limited to interest and penalty) that may arise on you in
future on account of non-deduction of tax at source on the basis of the above declaration furnished by us.
Signature of Joint Shareholder 1 Signature of Joint Shareholder 2
Notes:
-
In case of additional Joint shareholder, necessary columns can be added and signed.
-
The company will consider the information as available with the depositories (NSDL/CDSL) or by the
Registrar and Share Transfer Agent (M/s. MCS Share Transfer Agent Ltd.) as on the record date. We
request
you to kindly verify the correctness of the records and for any changes to update the same with your
depository
participant (if you hold shares in dematerialized mode) or the Registrar and Share Transfer Agent (if
you hold shares in physical mode). In case of mismatch of any data as declared above with the
Depositories/Registrar
& Share Transfer Agent, the company will not consider the above declaration for further
processing.
*For the purpose of credit for tax deducted at source on dividends paid by DCM Shriram Ltd. to its
joint shareholders, a declaration duly signed by all of them, stating the below facts needs to be
obtained by the Company for every dividend payout as per Income Tax Rules, 19621.
1 Rule 37BA: Credit for tax deducted at source for the purposes of section 199. (1) Credit for tax deducted at source
and paid to the Central Government in accordance with the provisions of Chapter XVII, shall be given to the person to
whom payment has been made or credit has been given (hereinafter referred to as deductee) on the basis of
information relating to deduction of tax furnished by the deductor to the income‐tax authority or the person authorized
by such authority.
(2)(i) Where under any provisions of the Act, the whole or any part of the income on which tax has been deducted at
source is assessable in the hands of a person other than the deductee, credit for the whole or any part of the tax
deducted at source, as the case may be, shall be given to the other person and not to the deductee:
Provided that the deductee files a declaration with the deductor and the deductor reports the tax deduction in the
name of the other person in the information relating to deduction of tax referred to in sub‐rule (1).
(ii) The declaration filed by the deductee under clause (i) shall contain the name, address, permanent account number
of the person to whom credit is to be given, payment or credit in relation to which credit is to be given and reasons for
giving credit to such person.
(iii) The deductor shall issue the certificate for deduction of tax at source in the name of the person in whose name
credit is shown in the information relating to deduction of tax referred to in sub‐rule (1) and shall keep the declaration
in his safe custody.
