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head of charging tax
is dividend from stock in trade charged to IFOS.I.e income from other sources.
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Dividend income is taxable but it is taxed in different ways depending on whether the dividends are qualified or nonqualified. ... Qualified dividends are tax-free forindividuals in the 10-15% tax bracket. For individuals in the 25% up to 35% tax bracket, dividends receive a 15% tax rate.
yes dividend will charged to IFOS
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