Question

Dividend paid by an Indian company is:​

Answer 1

Answer:

Dividend received from an Indian company was exempt until 31 March 2020 (FY 2019-20). That was because the company declaring such dividend already paid dividend distribution tax (DDT) before making payment. ... The normal rate of TDS is 10% on dividend income paid in excess of Rs 5,000 from a company or mutual fund.

Explanation:

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