Divdend income

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Is dividend income taxable for AY 2021-22?
Replies (13)
Yes , it is taxable
Yes it is taxable
Yes Taxable
Also show, the quarter in which divident is recived for advance tax purpose

Yes dividend income is taxable in the hands of receiver now.

Sir, since senior citizens are exempt from payment of advance tax, are they also exempt from providing quarterly details of dividend/capital gains etc. on their Tax Return? If there is a circular or other instructions on this, it would help if you could give its reference. Thank you.

I don't think as far as I belive, there is circular,...but portal MIGHT be taking calculations, as per age and gender of assessee.that is what I guss

Thank you. If this is officially clarified early, it would be of help to senior citizens who would otherwise have to carry out thisl exercise that is avoidable in their case.

It is taxable to all the assessee receiving dividend income

No. You have to fill qtrly figure.

Thanks for the prompt n valuable advise. 

There is no requirement to give quarterly details ,
i think income tax calculator is asking for quarterly information just to decide the calculation of interest under section 234C advance tax
Yes it is taxable, you must show your dividend income in Income from other sources column


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