Foreign Dividend Income Disclosure ITR

Save Share

This query is : Resolved

Quick Summary

This discussion clarifies how to report foreign dividend income on your Income Tax Return (ITR). The consensus is to use the date the dividend is actually received in your bank account, rather than the date of the Annual General Meeting (AGM). This applies even if dividends are directly credited to your bank account by the custodian.

faisal shukoor

faisal shukoor (Querist)
Follow

16 July 2024 I have recieved foreign dividend income directly to my account on 17 March 2024. In my case dividends are directly credited to bank account by the custodian and not to the custodian or brokerage account. Further custodian does not maintain ledger.

In my ITR do I show the date of receipt of dividend I.e, credit to my bank account on 17 March 2024
Or
I reflect the date of AGM I.e., 10 March 2024.

Thank you to all who have answered my previous queries, very helpful.