Dividend income from MF and equity shares

This query is : Resolved 

25 September 2009 Is Dividend income from MF and equity shares taxable?
What is the tax rate on STCG? and speculation gains?

25 September 2009 yes,dividend is exempt u/s 10(34) as all Companies pay DDT...
STCG is taxed at slab rates..
And speculation is covered under business head..and chargeable at slab rates..



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