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dividend from Mutual funds

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Querist : Anonymous (Querist)
10 May 2011 Are dividends from all kinds of Mututal funds exempt under income tax Act?

Please provide the answer ny mentioning section also.

10 May 2011 Sec. 10(35) of Income tax Act, specifically exempts any income received in respect of units of mutual funds specified under clause 10(23D).



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