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Answers 

For Dividend received from Foreign Company, your page (https://enskyar.com/Blogs/section-10-34-income-tax-exemption-on-dividend-income) suggests that it comes under“Income from Other Sources” and taxable @ 20% + Ed. Cess etc. Can you please let me know where exactly to fill this in ITR-2? If I put under 1.a, I think it will be computed at applicable tax rates, and under 2, I am not sure where to put this income and what will be the rates applicable. Really appreciate your advice. 

Total Answers 1
Answer by: vishal

Dividend received from a foreign company will be included in the total income and will be charged to tax at the rates applicable to the taxpayer, 

if the taxpayer comes in the 30% tax slab rate, then such dividend will also be taxable at 30% along with cess. As per my opinion it comes under 1.a


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