Re: tax
This query is : Resolved
01 July 2012
are dividends from indian companies and mutual funds taxed for the assessment year 2011-12, when filing income tax returns
01 July 2012
The dividend declared by the domestic company shall be exempt from tax in the hands of shareholders u/s 10(34) of the Income Tax Act, 1961. But this provision is not applicable to foreign company and deemed dividend. Dividend declared by foreign company and any deemed dividend is chargeable to tax and shareholders are liable to pay tax on such dividend. Dividend is chargeable to tax in the year such amount is paid to the shareholders.
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
Unanswered Queries
- 115-BAC-for AOP-private discretionary trust
- Insurance make against any item and later get insurance claim received
- Cgst asmt - 10
- IN PAGHDI SYSTERM . RENT RECPT CHANGE OF NAME AFTER FAMILY PARENTS TO SON
- E-Invoice applicability related question
- CAN a GSTIN registered under rule 14A opt for composition scheme without withdrawal from rule 14A ??
- Refund Claim in Next Year
- Employee claim Expnese Invoices
- Reduce fine on my company
- Delisted shares
- Journal entry of TDS operative a/c dr (under withdrawal side of bank a/c)
- Fy 22-23 --> tyed more in gst 3b vs 2b, any interest?
- INCOME TAX QUERY FY25-26()\
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- GST ON PERSONAL MOTORCAR SOLD
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- B2B Amendment
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
