SEO Sai Gr. Hosp.
211758 Points
Posted on 02 August 2017
| Originally posted by : Vijay |
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How to fill dividend income exceeding ten lakhs in ITR 3 |
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Dividend income exceeding ten lakhs !!!!!!!!!!!!!!!!!
Query not complete................. whether from Mutual fund or domestic company ???????????
The answer my collegues have suggested is true in case of Mutual funds.
For domestic companies any dividend above 10 lakhs is taxable u/s. 115BBDA....... and is to be offered for taxation under 'Income From Other Sources' as shown above.......
Refer: section-115bbda-taxation-dividend-income-nutshell