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