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Discussion > Income Tax > ITR >

Dividend Income from Companies

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Asst. Manager Accounts & Administration

[ Scorecard : 79]
Posted On 15 June 2011 at 13:27 Report Abuse

I  have received dividend income  from Companies. Which ITR form should I submit. FY 2010-11



CA CS Rajnikant Vadigoppula
ICWA Inter

[ Scorecard : 875]
Posted On 15 June 2011 at 14:09

dividend from indian company is exempt from tax




Surendra Agarwal
Accounts Manager

[ Scorecard : 270]
Posted On 15 June 2011 at 14:23

No one,dividend execpt u/s 2(22e) is exempt in hends of receiver since D.D.T. Is to paid by company u/s115(o)


CA ADITYA SHARMA
CA IN PRACTICE

[ Scorecard : 16262]
Posted On 15 June 2011 at 15:29

yes dividend received from indian co. is exempted 



Shruthi
PCC Student

[ Scorecard : 111]
Posted On 15 June 2011 at 20:01

Don't worry about dividend receipt. it is fully exempt. Decide the ITR form based on other heads of Income.

Apart from the Dividend, If you receive only salary income - ten ITR - 1

If you receive salary along with the combination of capital gain (and/or) and house property income, then - ITR - 2

If you are in business or profession and if it is a partnership firm and earned income from such, then - ITR - 3

If you earn such business or profession income from sole proprietorship, then - ITR - 4



Total thanks : 1 times


TusharSampatM.Com CA,CS-FINAL
M.com,CS Prof,CA-Final

[ Scorecard : 9262]
Posted On 15 June 2011 at 20:07

Originally posted by : Surendra Agarwal
No one,dividend execpt u/s 2(22e) is exempt in hends of receiver since D.D.T. Is to paid by company u/s115(o)

AGRRED.



Mohammad Asif
ca final student

[ Scorecard : 147]
Posted On 15 June 2011 at 21:33

dividends but exluding dividends U/S 2(22e) is fully exempt from tax beceause of payment of dividend distribution  tax by companies under section 115(o)



krishna
ipcc

[ Scorecard : 164]
Posted On 15 June 2011 at 21:50

yes agreed with asif...

gud clarification shruthi



Shiv Shankar
Accountant

[ Scorecard : 71]
Posted On 15 June 2011 at 21:58

YES, DIVIDEND RECEIVED FROM ANY INDIAN COMPANY IS FULLY EXAMPT FROM TAX



khanna
CA FINAL ICWAI FINAL

[ Scorecard : 281]
Posted On 16 June 2011 at 09:14

agreed


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