tax on dividend income

Tax on Dividend Income in India (w.e.f A.Y 2021-22)

Tax on Dividend Income Meaning of Dividend Section 2(22) of Income Tax, 1961 provides inclusive definition of the term “Dividend”. In general, dividend refers to the distribution of profits by a company to its shareholders. According to Section 2(22), “dividend” includes— (a) any distribution by a company of accumulated profits, whether capitalised or not, if …

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