Dividend income of trust

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 August 2011 Dear All

Is dividend income is taxable in hands of trust, if trust not applied 85% of dividend for charitable purpose U/s 11.

Please answer

11 August 2011 divident received by the any person is exemt u/s 110-o. only if the company has paid the DDT on its profit.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries