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dividend from bank of india exempt  U/S 10(34)  OR   NOT

Originally posted by : juhsaf

dividend from bank of india exempt  U/S 10(34)  OR   NOT

if you are shareholder of bank of india, then exempted, otherwise its not dividend but interest, and interest is not exempted receipt.

 does bank of india is limited company for getting exempt u\s 10 (34)

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