Individual Tax - DDT Mutual Fund (Non-Equity) Dividends

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..... Individual Tax - DDT Mutual Fund (Non-Equity) Dividends
Query (Issue) Started By: - Pandu N Dated:- 3-8-2015 Income Tax
Income Tax
Per new Govt act, from Oc 1, 2014, DDT needs to paid @ 28.3 .....

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..... 3%. More details here. Pls check under non-equity funds (equity fund dividends are tax exempt). Pls look at two tables in Pg# 1 & Pg# 3. Two questions. (1) My Mutual Fund company did not do TDS fo .....

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..... r DDT. It does not show up in Form 26 AS. Which means I need to pay DDT while doing the filing. Question: Where do I declare it? It is taxed @ 28.33% (not 30.33% which is for Short term capital gain t .....

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..... ax). For me, the savings are close to ₹ 2k. (2) Second question: This law is effective Oct 1, 2014. For FY 2014-15, does that mean there are two tax regimes for DDT. One at 22.33% (previous ta .....

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..... x rate) and another at 28.33 (existing tax rate)? If yes, again, how do I declare it.. If (2) is not answered it's ok. Requesting answer for (1) atleast. Thanks
Discussion Forum - Knowledg .....

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..... e Sharing .....

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