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Dividend Received From A Company Is a Indirect Income or It
Should be treated as capital revenue?
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Answer / kunalsrivastava
As per As 9 dividend is recognised as income when company
has got right to received such dividend.
It is an Indirect Income and taxable in the head of Income
from other sources.
It is never ever capital revenue
| Is This Answer Correct ? | 28 Yes | 1 No |
Answer / srikantapatro1985
dividend is recognised as indirect income if co.s main
object is not investment otherwise it may be treated as
direct income
| Is This Answer Correct ? | 12 Yes | 2 No |
Answer / hemant dubey
Dividend received form investment it is not part of
business so it can not be capital revenue
It is indiret income
Means income from other sources.
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / pankaj
Dividend received from a company is a indirect income not a
capital revenue, it is a income on our investment. Further
dividend received from a domestic company is exempted from
tax in the hands of receiver.
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / lavi sharma
dividend received is an indirect revenue income taxable
under the head income from other sources & does not form
part of b&p. however in case of consolidation of financial
statements divident prior to acquiring holding is a capital
income hence, debited to investment account.
| Is This Answer Correct ? | 2 Yes | 2 No |
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