Can u help me please??

we need not pay tax wen we recieve divend as tax is paid by the company....it is applicable in the case of indian company...in case divend is recieved from foreign co then it is taxable under the head income from other sources

Originally posted by : swajitha
	we need not pay tax wen we recieve divend as tax is paid by the company....it is applicable in the case of indian company...in case divend is recieved from foreign co then it is taxable under the head income from other sources

agree wid Swajitha...

completely agree with Swajitha...

Dividend received from Domestic companies is exempt from tax - 10(34)

Dividend received from Foreign company is taxable under IFOS

i completly agree with balaji

agrre with swajitha and balaji

do argree with the above facts. dividend not taxable if u received from domestic company

When u receive dividend from a indian company.....they already paid Dividend Distribution Tax and thats y when it is received by the shareholders it is exempted in their hands

I agreed with swajitha and Balaji

As per Income Tax Act 1961, any dividend received by a domestic company is exempt under section 10 in the hand of receiver.

The above dividend is comes under section 115-0 of the Income Tax Act.In that case domestic Company is required to pay CDT(Corporate dividend Tax @ 15% plus Cess and Surcharge), thats why this dividend is exempt in the hands of receiver because it is already tax in Comapnies hand.

dividend received from indian co. is exempt u/s.10(34). i mean the dividend u/s.2(22)(e)

Tax is payable only when it is deemed dividend U/s 2

Agree with all

As per Income Tax Act 1961, any dividend received by a domestic company is exempt under section 10(34) in the hand of receiverThe above dividend is comes under section 115-0 of the Income Tax Act.In that case domestic Company is required to pay CDT(Corporate dividend Tax @ 15% plus Cess and Surcharge)i.e 16.995% so co hav pay tax on it so it ios exempt in the hand of asseesse.no double taxation in india

but if is from foreign co than taxable under head ifos

agree with all

Rishabh