Rajesh (Professional) (44 Points)
22 July 2011
Hi, is pension income from govt and pension income from insurance company is taxable? Is ULIP policy surrender after three year income is taxable or not? Is Dividend Income Taxable? Is IPO sales amount taxable? Regards Rajesh
Sunshine
(Helping All)
(10575 Points)
Replied 22 July 2011
If the pension is un-commuted,it will be always taxable..
If the pension is un commuted- in case of govt. employees, it is exempt
Dividend received from an Indian Co. is not taxable.But if received from a foregin co. , u will have to pay taxes
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 22 July 2011
| Originally posted by : Sunshine... | ||
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If the pension is un-commuted,it will be always taxable.. If the pension is un commuted- in case of govt. employees, it is exempt Dividend received from an Indian Co. is not taxable.But if received from a foregin co. , u will have to pay taxes |
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AGREED
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