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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 Posted / 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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