tax liability on receipt of special dividend


This query is : Resolved 

(Querist)
06 November 2009 hi,
can anybody suggest me that one of our customer received special dividend from the domestic indian company.is that taxable in the hands of share holder ?

thank you.

07 November 2009 Dividend is exempt from tax since the company will be paying dividend distribution tax

CA Deepak S (Expert)
07 November 2009 Agree with the expert


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