Question
What tax relief is available to an employee in respect of dividends, interest on units of UTI or mutual funds, and interest earned from the
What tax relief is available to an employee in respect of dividends, interest on units of UTI or mutual funds, and interest earned from the bank?
Discuss briefly the provisions of the income tax act regarding deductions to be made in computing the total income of an assessee in respect of certain payments.
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Step: 1
Tax on Dividend interest on units of UTI or mutual funds Taxability of dividend will depend upon whether dividend receiver deals in securities either as a trader or as an investor The income earned by ...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
