My Income source is Salary I have received Form 16 from my employer I have rec'd Dividend worth RS.9600 This income is taxable or not this income was not shown in my form 16
If I show this income in my ITR what is my tax liability My Income is exceed RS 500000/-
Dividend received from an Indian Company is exempt if the company has paid dividend distribution tax (DDT) on the same. However. dividend received foreign companies, normally would not be subject to DDT, would hence be taxable.
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