Dividend Received From A Company Is a Indirect Income or It
Should be treated as capital revenue?

Answers were Sorted based on User's Feedback



Dividend Received From A Company Is a Indirect Income or It Should be treated as capital revenue?..

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

Dividend Received From A Company Is a Indirect Income or It Should be treated as capital revenue?..

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

Dividend Received From A Company Is a Indirect Income or It Should be treated as capital revenue?..

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

Dividend Received From A Company Is a Indirect Income or It Should be treated as capital revenue?..

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

Dividend Received From A Company Is a Indirect Income or It Should be treated as capital revenue?..

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

Post New Answer

More Audit Interview Questions

A Pvt Company take Unsecured Loan from Partnership Firm .What are the Auditor's reporting requirement under CARO U/S 227(4A)?

3 Answers  


WHAT IS THE TRAIL BALANCE

7 Answers   LG Soft,


whatis audit test. whatis compliace test. what is substantive test.

2 Answers  


WHAT IS DIFFERENCE BETWEEN TAX AUDIT AND STATUTORY AUDIT?

2 Answers  


what are the cost audit and management audit?

2 Answers  






how many types of auding report?

2 Answers  


What is the most effective team you have ever been a part of ?

1 Answers   Bharti,


When should a company sack its auditor?

0 Answers  


Would you consider alternative vacancies if so which:

0 Answers  


What are reasons for giving credit note and sales return to customers?

3 Answers  


Explain how to do an internal audit effectively?

0 Answers  


how many types of Balance sheets?

5 Answers   IOCL, Kalanikethan,


Categories