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About dividend income received more than 15 lakh..

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7 Points Posted on 03 December 2020
if I received 20 lakh dividend for assessment year 2020 - 2021 . is it a exempt income Or i need to pay tax?
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On 03 December 2020 at 23:54 Report
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Company Secretary
77 Points Posted on 04 December 2020
No it is not exempted
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On 04 December 2020 at 00:41
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14 Points Posted on 04 December 2020
Fully taxable
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On 04 December 2020 at 01:12
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12244 Points Posted on 04 December 2020
Dividend income received up-to 31/03/2020 is exempt under section 10(34). please correct me if I'm wrong
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On 04 December 2020 at 02:54
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Company Secretary
77 Points Posted on 04 December 2020
Only upto 10 lakh
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On 04 December 2020 at 09:08
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12244 Points Posted on 04 December 2020
Dividends in excess of 10 lakhs is taxable in case of only specified persons
35 Reply
On 04 December 2020 at 09:51


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