Dividend from mutual funds 2019-20

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11 Points Posted on 13 September 2020
kindly explain if dividend from MF is taxable.
Under which section- taxable/ non taxable How to show the dividend income from HDFC,Reliance, ICICI Pru, Franklin etc.
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On 13 September 2020 at 19:36 Report
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This discussion clarifies the taxability of mutual fund dividends for the financial year 2019-20. It confirms that income from dividends received from mutual funds is generally exempt from tax under Section 10(35) of the Income Tax Act. Investors should still declare this exempt income in their Income Tax Return (ITR) under the 'Exempt Income' section.

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281 Points Posted on 13 September 2020
Dividend from mutual fund is exempt u/s 10(35)
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On 13 September 2020 at 19:53
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1102 Points Posted on 13 September 2020
For FY 2019-20 , Income from Dividend income is exempt 10(35) soo it should be shown in ITR,
Exempt Income under sec 10
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On 13 September 2020 at 20:56
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11 Points Posted on 14 September 2020
Thanks. what about section 10(35)
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On 14 September 2020 at 10:13

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