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Question ID : 40964

Dividend Income to NRI

A Non resident earns 15 Lakhs Dividend from Indian Listed Companies for financial year 2019-20. Whether this is taxable or exempted ?

Posted by PRABINA KUMAR MONINGI on Feb 06, 2021

Filed Under DIRECT TAXES

Answer ID : 80900

Yes. It is taxable at slab rate.

Posted by CA. chunauti dholakia on Feb 08, 2021