It deduction

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Querist : Anonymous (Querist)
02 July 2013 is dividend recd from companies like tcs,infosys taxable?

02 July 2013 No, it is not taxable. It is income exempt from tax.
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02 July 2013 Divident Received from domestic companies are exempt in the hands of assessee u/s 10(34) of the Income Tax Act, 1961.

03 July 2013 Exempt U/s 10(34)of Inc Tax.
Agree with Both the Experts.


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