Hello experts,
one of my client have 26as in which 194K TDS deduct so it's exempt or taxable and which head it's chargeable for salary person
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Mutual fund income under section 194k
Replies (4)
Quick Summary
FROM FY 2020-21, THE DIVIDEND AMOUNT IS CHARGEABLE.
Unless its business activity; in general its assessed u/h IFOS.
From F.Y 2020-21 is taxable.
For Salaried person it's taxable as income from other sources
For Salaried person it's taxable as income from other sources
Thank you very much
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