Dividend from Equity Shares AY 2021-22

ITR 356 views 7 replies

AY 2021-22

EFiling ITR2, I have Dividend income from listed equity stocks of Rs 5300 during FY 2020-21.

Question 1) Is Rs 5300 dividend taxable or tax free?

Question 2) If this dividend tax free, where to report in ITR2?

Question 3) if this dividend is taxable, where to report in ITR2?

Replies (7)
Taxable . Report in OS sch under Dividend income.

But I believe the dividend from listed stocks was suppose to be tax free?

Or upto some amount this is tax free? And after a certain amount it gets taxable?

Last budget changed the way dividend is taxed!
Yes , now the dividend is fully taxable
It is taxable under income from other sources
If any indian citizen receives the dividend from a domestic company more than Rs 5000 ,company will deduct TDS @ 10% on such payment ,so we need to show under the head income from other sources
Yes under dividend of OS sch .If eligible claim TDS deducted in TDS sch with entries taken from Form 26AS!


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