What is the difference between these sections as listed below
Sch OS 1.a = Dividens, gross <===> EI 2 = Divident income
Sch OS 1.b = Interest, gross <===> EI 1 = Interest income
Kindly someone clarify my doubt.
Thanks
What is the difference between these sections as listed below
Sch OS 1.a = Dividens, gross <===> EI 2 = Divident income
Sch OS 1.b = Interest, gross <===> EI 1 = Interest income
Kindly someone clarify my doubt.
Thanks
Please someone clarify my doubt. Thanks
1) OS --> other source a) interest --> int from FD, int from bonds, NCD etc
b) Dividends --> Dividends from unlisted Cos
2) EI--> Exempt income a) Interest --> int from PPF, EPF, Tax free bond etc.
b) Dividends--> div from listed Cos on recognised stock exchanges
I hope this is crystal clear.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
CAclubindia
