Received Dividend from ITC Rs 23,000. This Transaction is A. O Capital Expenditure B. o Revenue Expenditure C. o Capital Receipt D. O Revenue Receipt
Answers
As a taxpayer, you may be unsure about how to treat dividend income while filing your tax return. Do you need to pay tax on dividend income?
Finance Act 2020 shifted the taxability on dividend income from the hands of the dividend declaring the company to the individual investors.
In this article, we will discuss the old and the new tax provision related to ‘dividend income’ and its tax implications.
Table of contents
[ Hide ]
Dividend Received from an Indian Company
Old Vs New provision for taxability of dividend income
TDS on dividend income
Deduction of expenses from dividend income
Advance Tax on dividend income
Submission of Form 15G/15H:
Dividend Received from Foreign Company
Relief from Double Taxation
Frequently asked questions
make me brain list