tax on mutual fund dividend

whether dividend from mutual fund is to be considered for tax under section 115bbda or not
Replies (6)

No

 

No, dividend from Mutual fund shall not be considered

Thanks sir

Most Welcome, Dear.......

Does it mean if we receive any dividend from Domestic company, 10% of it is not to be added as tax (as per F.Y.2018-19)?

The query is for dividend from MF, and not domestic company. Dividend from domestic company/ies (whenever above Rs. 10 lakhs) is taxable u/s. 115bbda

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