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Dividend reinvested

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(Querist)
05 July 2013 Suppose an investment firm, invest in mutual fund and dividend is re-invested what will be the accouting treatment nd tax implication on same?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
21 July 2013 Need to be treat as investment only. and dividend income is exempted from tax

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