26as complexities

TDS 400 views 1 replies

Pramod

26 Points Joined July 2011

My 26AS statement (pulled through my internet banking) is showing the dividend received during the FY 2010-11 as168,194 and TDS (made u/s 192) as 51,972. I do not understand what it is. I thought, the dividend received from the company is not taxable. There should not be any TDS. Can someone help ?

Thanks

Replies (1)

pahuja

C.A Final Student

472 Points Joined July 2011

Hi Pramod, may be your dividend belongs to listed below. 1. Dividend u/s 2(22)(e) 2. Dividend from foreign company 3. Dividend from co operative society In all these cases dividend is not exempt. Thanks and regards Suraj pahuja.