Dividends And Interest On Units


 

As per section 10(34)/ (35), the following income is not chargeable to tax - 28

A.  Any income by way of dividend referred to in section 115-O [i.e., dividend, not being covered by section 2(22) (e), from a domestic company]

B.  Any  income in respect of units of mutual fund.

C.  Income from units received by a unit holder of UTI [i.e., from the administrator of the specified undertaking as defined in Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002]

D.  Income in respect of units from the specified company.

 

 
 

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