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Treatment of following income

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 August 2015 what is treatment of the following income
under income tax

mutual fund income
Dividend income

what shall be the treatment in tax of the said income.
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Amol S Joglekar

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Amol S Joglekar (Expert)
22 August 2015 Dividend income is EXEMPT

Mutual Fund dividend is also exempt subject to, however, some schemes. Please check the same with the individual schemes.
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