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
Menu
ITR2 - Small query... request for clarification
Replies (3)
Please someone clarify my doubt. Thanks
Ei is exempted income. Int from fd is os income. From ppf it is ei income. Similarly dividend from listed cos are exempt and come under ei dividend. Other co dividend will be taxable dividend income. Hope now it clear
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.
Recent Topics :
- Does AIS GST Purchase aggregate GSTR-2B expenses?
- Form 26A - System has encountered some technical p
- Tool to convert GST invoice PDFs into Excel —
- Revised or rectification or leave it?
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
Related Topics :
CAclubindia
