Help me

Dear Lakshmi,

The dividend distributed by an Indian Company is subject to dividend distribution tax.It is exempt from tax in the hands of recipient under section 10(34) to avoid double taxation.

Regards,

Fatema.

it is exempt u/s 10(34), provided he has no substantial interest in the co.

Originally posted by : FATEMA
	Dear Lakshmi, The dividend distributed by an Indian Company is subject to dividend distribution tax.It is exempt from tax in the hands of recipient under section 10(34) to avoid double taxation.   Regards, Fatema.

agree with all frnds....

Agreed with above replies on query raised by Lakshmi.....Thanx members.

Tds In 192 B Paid Wrongly In 194 j So What to do now? tell me plz

Hi samidha

U have file revised return of TDS.

i agree with all..... exempt u/s 10(34)....

not my friend laxmi.....dividend from indian co. is exempted u/s 10(34)

Kip Smyling alwayz

exempt u/s 10(34) because company has already paid tax on its income.

DDT is levied only on distribution of dividend (income is respect of co.), so DDT has no role to play in double taxable.

The very fact that company has already paid tax on its income y owners will bear tax..same in case of huf and partnership firm..

Dividend is exempted from tax  u/s 10 (34)