Ms. Anshu received dividend of ₹ 80,000 for her equity shareholding in MNO Ltd (a listed company). She paid interest of ₹ 12,500 for the amounts borrowed for investment in those shares. The taxable dividend income would
CS Executive · Tax Laws and Practice · PYQS · December 2017
Ms. Anshu received dividend of ₹ 80,000 for her equity shareholding in MNO Ltd (a listed company). She paid interest of ₹ 12,500 for the amounts borrowed for investment in those shares. The taxable dividend income would be :
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Income Tax
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