DIVIDEND ON HDFC PRUDENCE FUND
This query is : Open
Prakash Rao
(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
K Srinivas, CMA CS
(Expert)
02 October 2017
Dividend received from MF investments is not taxable for you
CA Jubair J Jeri
(Expert)
02 October 2017
income received from mutual funds are exempt under section 10 (35) .
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