is income and taxable income same ?
dividend from indian company is an income but not taxable.
so if a question says calculate income should we take it into account????????
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income and taxable income
Replies (1)
NO INCOME AND TAXABLE INCOME ARE NOT SAME...
AND DIVIDEND REC FROM INDIAN COMPANY IS EXEMPT BY VIRTUE OF 10(34)& 10(35) BECAUSE CDT IS PAID ON THEM..
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