I forget to move my previous year dividend from USA Stock

This query is : Resolved

Venkatesh Iyengar (Querist)
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05 August 2024 I forget to move my previous year dividend from USA Stock. I have filed my current IT Returns and it is processed. Can i now move the previous year dividend and fill form 67 and get the benefit from double taxation.

I have also some old dividend money in lying in USA account. Can that also be moved with any benefit or again i have to pay full tax as per my slab? this will become 25% from USA + My slab

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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06 August 2024 Dividend amount is taxable in the year of receipt. If already taxed in US, you can declare the income in ITR and claim the tax rebate by filing Form 67. Money transferred from your US bank account to your Indian bank account is not taxed again.