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Taxability on interest income on dividend received on claim

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An assessee received dividend (including interest at 12% p.a.) which was unclaimed after transfer to  Dividend unpaid Account  but before transfered to  Investor Protection & Education Fund Account  after 3 year from the date of declaration of dividend. My problem is that what whole of dividend (including interest) is exempt from tax ?

 

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I THINK THE DIVIDEND INCOME IS EXEMPTED U/S 10(34),

BUT INTREST RECEIVED WILL BE A INCOME AND ASSESEE IS LIABLE TO PAY TAX REGARDING IT


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