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Divident from MF debt funds

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24 July 2011 Dear sir,

i have dividend from MF debt fund. its taxable or not?

24 July 2011 No Divident if free form tax if it is received from Indian CO & no diffrence even if it is paid by mutual fund house.

Indian co. who distributes divident are liable to pay DDT on dividend distributed u/s 115-O.

so DDT amount paid dividend is exempt from tax.
you just need to pay tax on transfer of such mutual funds.



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