Div recd query

i would like to know if client has received Dividend on his Shares of  companies and if that div is creditd to Coop Bank A/c by mode of ECS. IF SUCH DIVIDENDS ARE TAXABLE  AS THEY R DEPOSITED IN Coop Bank ?

plz reply.

Replies (2)

check the bank statements....dividends are nt taxable

Originally posted by : harshada

i would like to know if client has received Dividend on his Shares of  companies and if that div is creditd to Coop Bank A/c by mode of ECS. IF SUCH DIVIDENDS ARE TAXABLE  AS THEY R DEPOSITED IN Coop Bank ?

plz reply.

I think dividends received from domestic companies are not taxable . please verify about the dividends received from foreign companies.

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