Dividend received by company on investment

This query is : Resolved 

06 November 2012 If company has investment in shares/mutual funds whether dividend recived on such shares is taxable or exempt.

06 November 2012 Its exempt, any dividend recieved is exempt, as double taxation is not implicable in INDIA... Once the company/MF paying you dividend, is paying DDT to the government., you are exempted from paying any tax on that dividend.., you can be any legal entity for such exemption..



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