What will be the treatment of dividend received from long term investment ?
4 Replies
Bharat Gera
(4717)
(30 Points)
Replied 04 April 2019
yes it is exempt but will be it's treatment in the bools of Account
Priya Kashyap
(Student)
(7053 Points)
Replied 04 April 2019
I'm case exceeds 10 lakh it's flat rated charged at 10% u/s 115bbda
Sundram Pillai
(student)
(269 Points)
Replied 04 April 2019
Its directly credited to capital account.
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