About dividend

This query is : Resolved 

23 September 2016 MY CLIENT HAVE RECEIVE MORE THEN 10 LAKHS DIVIDEND IN THIS MONTH FROM PVT LTD... IS IT TAXABLE OR NOT......? AND IF ITS LESS THEN 10 LAKHS THEN ?

23 September 2016 Dividend is totally exempt u/s 10(34) till A/Y 2016-17. If you are filing ITR now for A/Y 2016-17, no additional tax is payable.



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