is slab benefit available if dividend receive from domestic co in excess 10L

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Mr.h is retired employee age 68 years.
he has Only income by way of dividend of indian co. 15Lakh,
what is his tax liability?
Replies (3)

after 10 lakhs tax is applicable for dividend @ 10%  on gross amount

means cant availe slab benefit?

for slab for income tax income from all sources add like interest , divident ,

apply income tax rules i u want detail explaintion

tell hw much income earn form dividend interest 

plus the total investment we will help u out 

 

10 lakhs exempted from tax on dividend if u get 

15 laksh then tax will be apply on 5 lakhs that is 5 lakhs x 10% 

that comes 50000/-

 


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