Dividend income which directly reinvested in mutual fund, can we add this as a other sourses income as per income tax act
This is exempted or not.
& what is impact when we will sale it
Menu
Dividend on mutual fund
Replies (3)
no this is exempt.....dividend from Indian company is exempt no matter how we use it...again if we receive dividend on the mutual funds that will also be exampt u/s 10(34)..
yes agree with above
if this mutual fund sale than it chargable under capital gain base on nature short term or Long term
yes...and the cost of acquisition will be the amount of dividend u invested in buying the MF...
Recent Topics :
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
Related Topics :
CAclubindia
