Tax on dividend

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Any further tax other than 10% tax on dividend in excess of 10 lacs

I mean is the above income taxed again in INCOME FROM OTHER SOURCES

Replies (2)

Correct: Tax on dividend: [S. 115BBDA] : a tax @ 10 % on the dividend income earned over and above Rs. 10,00,000 by a resident individual, HUF, firm or an LLP. for AY 2017-18.

This is in addition to dividend distribution tax paid by the companies.

Thank u sir

so no other tax liability on dividend income other than 10% 

I remain sir 

With regards


CCI Pro

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