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Dividend income exempted or not

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(Querist)
20 March 2008 If i am invested my own fund in daily dividend income fund, then dividend earned is exempt or not? What about gain or loss from such investment
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Chintan Gajjar

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Chintan Gajjar (Expert)
20 March 2008 If you have received dividend from the lised comapany, then yes.
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Jitender

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Jitender (Expert)
20 March 2008 it is exemptu/s 10(35)
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