Exemption of dividend income
This query is : Resolved
Chitsimran Singh
(Querist)
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
Chitsimran Singh
(Querist)
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
Chitsimran Singh
(Querist)
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???
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...........
Message likes :
1 times
Chitsimran Singh
(Querist)
12 August 2014
Thank You Sir. . !!!
12 August 2014
you are welcome chitsimran singh..........
Nikhil Kaushik
(Expert)
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)
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Issuing of delivery challan by seller of goods
- MSME disclosure and disallowance
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- EPF ECR NEW RULES Sep 17th 2026
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
