Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is the dividend income received from investments in shares taxable?

April 26, 2017dividend income investments received Shares taxable

0

Posted

Is the dividend income received from investments in shares taxable?

2 Answers

0

Posted

Dividend received from investment in shares is not taxable in the hands of the recipient. The company distributing the dividend is required to deduct tax from the amount of dividend declared. Such tax deducted will not be entitled to TDS (tax deduction at source) for the recipient.

0

Posted

Dividend, received from investment in shares, is not taxable in the hands of the recipient. The company, distributing the dividend, is required to deduct tax from the amount of dividend declared. Such tax deducted will not be entitled to TDS for the recipient.