banner_ad

Dividend

This query is : Resolved 
Profile Image

Profile Image

(Querist)
25 February 2013 WHETHER DIVIDEND RECEIVED FROM BANK IS TAXABLE..?
Profile Image

CA Suraj Lakhotia

Profile Image

CA Suraj Lakhotia (Expert)
25 February 2013 Dividend received from a company is not taxable.
Profile Image

GOVIND KOSHTI

Profile Image

GOVIND KOSHTI (Querist)
25 February 2013 whether the dividened on shares of bank is taxable or not???
Profile Image

CA Suraj Lakhotia

Profile Image

CA Suraj Lakhotia (Expert)
25 February 2013 The dividends which you received from a bank are not taxable in your hands.

The company pays dividend distribution tax.
Profile Image

CA Ayush Agarwal

Profile Image

CA Ayush Agarwal (Expert)
25 February 2013 Exempt is:-

Any income by way of dividend received on which Corporate Dividend tax is payable.

Remember that Dividend received from a Co-operative Society is not exempt from tax.


If Dividend received From bank Which is Registered as Cooperative Society is Not Exempted.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details