Can u help me please??

CA. Rohit Grover

ca in practice

54 Points Posted on 21 January 2010

hello friends the thing is that i m PE-ii cleared student... nw i have registered for final on 16 NOV 2009,,,,could ne 1 plz tell when wil be my first attempt for ca Final ...is it nov 2011 or may 2012????

plz guys do reply on rohit.grover1986 @ yahoo.com

Sandeep Ladha

N.A

435 Points Posted on 21 January 2010

Originally posted by : Ca shubham
	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.

Totaallyy Agree

Max Payne

employed

2574 Points Posted on 21 January 2010

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

u mean dividend other than 2(22)(e)... :)

Hey manjunath, Take balaji's reply and put it in the top drawer for reference... (as long as you not talking about dividend from debt oriented MFs)

Sankar Ganesh

CEO

89 Points Posted on 29 January 2010

Yes it is absolutely right It is already taxed in company hands and hence further taxation is not required. Dividend Received from Domestic Companies is exempt U/s.10(34) of Income Tax Act, 1961