Dividend income


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Querist : Anonymous

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Querist : Anonymous (Querist)
22 October 2013 My company is in receipt of Dividend from money market mutual funds,does this income are taxable or exempted.

22 October 2013 Yes it is taxable as only for equity oriented it is not taxable.

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 October 2013 can you please give any ref. to section

22 October 2013 Refer sec 10(38) and under sec 115 one of the provisions state this.


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