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Taxable dividend

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29 July 2013 An Individual has received Dividend from Shriram Chits. Is it taxable or not?
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CA. SHIVA SHANKARA R. SHETTY

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CA. SHIVA SHANKARA R. SHETTY (Expert)
29 July 2013 Dividend on shares received from individual is exempted. However, dividend on chits is taxable.

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