Will a salaried person pay Income Tax on Dividend income of 50 lacs?

POSTED BY radhevajrakaya ON April 29, 2014 8:56 am COMMENTS (5)

If a person earns Rs 10 lakhs  annually from Salary .  And he also earns Rs FIFTY LAKHS from Dividends . So here in this case will he have to pay taxes on Rs  FIFTY LAKHS  earned through Dividends.

As dividend income is  income from other sources.

5 replies on this article “Will a salaried person pay Income Tax on Dividend income of 50 lacs?”

  1. ashalanshu says:

    Dear Radhe, listed or unlisted shares? If shares are listed, the Dividend income is tax free in the hands of investors. In case of dividends from non listed shares, the income is taxable.



    1. radhevajrakaya says:


      Thank you ver much.

  2. radhevajrakaya says:

    @ Ashalanshu

    Indian Shares.

  3. ashalanshu says:

    Dear Radhe, from where are these dividends earned?



  4. Raja says:

    You are one lucky person 🙂

    Dividend income from Indian companies is not taxable to the shareholder. Though it is a good practice to declare it in the IT returns

    Dividend income from Foreign companies is taxable to the shareholder

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