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It deduction

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Querist : Anonymous

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

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CA PARAS BAFNA (Expert)
02 July 2013 No, it is not taxable. It is income exempt from tax.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
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.
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CS RAJESH C.CHOUDHARY

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