ITR auery
Yogesh Bansal (57 Points)
13 July 2018
dividend on lic is taxable or and also interest on infra bond
Yogesh Bansal (57 Points)
13 July 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170798 Points)
Replied 14 July 2018
Dividend by LIC MF is taxfree...
If infra bonds itself are tax-free (there are two types of infra bonds), than no tax liability; otherwise taxable......
Yogesh Bansal
(57 Points)
Replied 14 July 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170798 Points)
Replied 14 July 2018
Dividend is generally not taxable (as already DDT paid). Check whether it is dividend or interest or part re-payment.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
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