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Liability of dividend receiver

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 February 2018 Dear Sir,
Is there any liability on dividend received from private limited company?
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ND

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ND (Expert)
09 February 2018 Shareholder is required to pay income tax if amount of dividend is in excess of Rs.10 Lakhs. This is applicable till AY 2017-18.

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