Answer

1. F

   Facts

   Dividends are fully taxable in the hands of the shareholder and appear in AIS from company and registrar reports. Leaving them out is a common reason for e-campaigns.

2. P

   Provisions and law

   • Sec 285BB, Income-tax Act 1961 (now Sec 510, Income-tax Act 2025)The department provides an Annual Information Statement showing information it holds about the taxpayer.
   • Sec 56, Income-tax Act 1961 (now Sec 92, Income-tax Act 2025)Dividend is taxed as income from other sources.
   • Sec 139(8A), Income-tax Act 1961 (now Sec 263(6), Income-tax Act 2025)Updated return within 48 months from the end of the assessment year, with additional tax.
3. A

   Analysis

   Check AIS for each dividend and the TDS cut, if any. Add the dividend to your return under other sources and claim the TDS. With ₹20,000 dividend at a 20% slab rate, extra tax is about ₹4,160 with cess, minus any TDS. File the fix, then respond.

4. C

   Conclusion

   1. 1Download AIS and list dividend entries.
   2. 2Compute tax after TDS credit.
   3. 3File a revised or updated return.
   4. 4Respond on the Compliance Portal.

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.