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DIVIDEND ON HDFC PRUDENCE FUND

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(Querist)
02 October 2017 I have invested 500000 in HDFC PRUDENCE SCHEME AND MONTHLY I AM RECEIVINGBAROUND 4800 to my SB account My whether dividend is exemmpted from Incomevtax act.in such case pl let me know the section
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
02 October 2017 Dividend received from MF investments is not taxable for you
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CA Jubair J Jeri

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CA Jubair J Jeri (Expert)
02 October 2017 income received from mutual funds are exempt under section 10 (35) .




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