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Question ID : 41159

Tax on dividends etc

Whether all sorts of dividend recd from any mutual fund,LIC or sip etc are taxable wef 1-4-20 or there is any exemption also?

Posted by Mahesh Kumar on Oct 10, 2021

Filed Under DIRECT TAXES

Answer ID : 81347

All dividends are taxable ,with out exemption, w.e.f 1-4-2020.

Posted by B.CHACKRAPANI WARRIER on Oct 10, 2021
Answer ID : 81348

Yes. All dividends are taxable. There is no exemption.

Posted by CA. chunauti dholakia on Oct 16, 2021