Dear Friends,
We need to show Dividend Income in ITR? I received just 15K in the FY 20-21.
Yes, it has to be disclosed and it is taxable from fy20-21 onwards.
Mohanraj J (1162 Points)
24 July 2021
CMA Poornima Madhava
(CMA)
(13097 Points)
Replied 24 July 2021
Yes, it has to be disclosed and it is taxable from fy20-21 onwards.
Mohanraj J
(1162 Points)
Replied 24 July 2021
CMA Poornima Madhava
(CMA)
(13097 Points)
Replied 24 July 2021
Yes, actually it has to be revised.
However, if there is no other income, then technically there is no revenue loss to the govt considering the basic exemption limit. So we may take advantage of this i think. You may wait for the summary assessment and then decide I think.
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