Dividend received from domestic companies will be included in the total income of the shareholder and taxable at:

CS Executive · Tax Laws · PYQS · December 2024
Dividend received from domestic companies will be included in the total income of the shareholder and taxable at:
(A) 18.5%
(B) 5%
(C) Exempt
(D) Normal slab rate as applicable to assessee

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Income Tax Act

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