Dividend on co-operative shares

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 February 2014 what is the mandatory dividend is required to declare by the co-operative bank to the shareholder?
what is the tax rate appicable on the dividend received from the co-op bank?


24 February 2014 there is no mandatory dividend regulation...

it has to be included in other incomes and taxed at normal rates..

27 February 2014 1. Nil
2. At slab rate applicable to compute total income.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us
budget 26-27


Answer Query