Economy, asked by Guru5313, 11 months ago

Explain briefly the exemption from income-tax available in the case of dividend income received from an indian company

Answers

Answered by DrPatelJi
0

Explanation:

As per section 10(34) of Income Tax Act, any income received by an individual/HUF as dividend from an Indian company is exempt from tax as the company declaring such dividend has already deducted dividend distribution tax before paying the dividend.

Answered by Anonymous
3

Answer:

it is exemption from income tax available in the cases dividend income received from an Indian company........

Similar questions