Exempt Income

Q1. Is Dividend income beyond 10 Lakh taxable for FY 2017-18?
Q2. Does this apply to MF's of ALL types?
Q3. What is the applicable rate?

Ashok K. Verma
9820041274
8779195697
Replies (1)

A1.. Yes, but only over dividend received from domestic company.

A2. No

A3  10% over excess amount.

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