I want to know the taxability of dividend in hands of the shareholder. A Company declared dividend during the financial year 2020-21 and provision created in the books in that year itself. But the same was paid during the financial year 2021-22. In which financial year dividend should taxed in hands of the share holder. Whether in FY 2020-21 (Declaration of Dividend) or FY 2021-22 (Payment of Dividend).