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Dividend on mutual fund

Tax queries 406 views 3 replies

Dividend given by the Mutual funds  are non-taxable or is it taxable? and the Dividend given by the companies?
 

Replies (3)

Any income received in respect of the units of a Mutual Fund specified
under clause (23D) is not taxable.

exempt u/s 10 (23D)............

Dividend received by a shareholder from a domestic co. is exempt from tax u/s 10(34)....

any income received in respect of the units of a Mutual Fund specified
under clause (23D) is not taxable.


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