tax on mutual fund dividend

311 views 6 replies
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


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register