Exemption of dividend income

This query is : Resolved 

12 August 2014 Dear sir. . I have a query that . . Income received from Daily Dividend Scheme of HDFC . is it exempt?? if yess!! then under which section. . ???? plz tell

12 August 2014 only those div declared by indian co is exempted

12 August 2014 can you please tell the section? under which it is exempt??

12 August 2014 only div rec from indian co who have paid div distribution tax is exempted others are taxable

12 August 2014 ok sir. .
if dividend is received from indian co. & DDT has also been paid.
but under which section it will be exempt. .??
plz tell the section???

12 August 2014 u/s 10 (34) it is exempted...........

12 August 2014 Thank You Sir. . !!!

12 August 2014 you are welcome chitsimran singh..........

12 August 2014 have to disagree, the daily dividend scheme (option) by HDFC (if I am not wrong you are referring to HDFC mutual fund) are exempted under 10(35) instead of 10(34)


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details
Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details