Dividend income

115BBDA. (1) Notwithstanding anything contained in this Act, where the total income of an assessee, being an individual, Hindu undivided family or a firm, resident in India, includes any income in aggregate exceeding ten lakh rupees, by way of dividends declared, distributed or paid by a domestic company or companies, the income-tax payable shall be the aggregate of—

(a)  the amount of income-tax calculated on the income by way of such dividends in aggregate exceeding ten lakh rupees, at the rate of ten per cent; and

(b)  the amount of income-tax with which the assessee would have been chargeable had the total income of the assessee been reduced by the amount of income by way of dividends.

Income from other Sources.

a                   b                 c       

d

Others, Gross (excluding income from owning race horses)Mention the nature

S. No.   Nature Income 1      Winnings from lotteries, crossword puzzles etc.    2 a   Cash credits u/s 68     b   Unexplained investments u/s 69     c  Unexplained money etc. u/s 69A     d Undisclosed investments etc. u/s 69B     e   Unexplained expenditurte etc. u/s 69C     f   Amount borrowed or repaid on hundi u/s 69D        ( a + b + c + d + e + f)   3    Select     115BBDA - Dividend income from domestic company   XXX

Fill the amount exceeding Rs. 10 lakhs (or net taxable) at XXX