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Income Tax and Corporate Tax
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Dividend received from Hindalco will be taxable

Answer & Solution
Correct Answer: Option C
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2 Comments
Balaji Waghmare
Balaji Waghmare 3 months ago
Since the Dividend Distribution Tax (DDT) was abolished, all dividend income is directly added to the individual's gross total income and taxed at their applicable slab rates, Hence Question need to revise.
Balaji Waghmare
Balaji Waghmare 3 months ago
Since the Dividend Distribution Tax (DDT) was abolished, all dividend income is directly added to the individual's gross total income and taxed at their applicable slab rates, Hence Question need to revise.