Income from other source

Tax queries 708 views 5 replies

Is dividend from mutual fund is taxable or exampt. Please help me.

Replies (5)

Dividend Income:

Exempt in the hands of investors for both equity and debt schemes. However, AMC is liable to pay DDT in case debt schemes.
 

exempt u/s 10(35)

yes... exempt u/s 10(35)...as mutual fund pays dividend distribution tax on it

Yes Mr. Praveen Dividend From Mutual Fund is Exempt u/s 10(35) of the income tax Act.

 

yes.. exempt u/s 10(35)........


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