ITR

Dividend income and TDS on dividends in ITR-1

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Dividends are fully taxable under income from other sources at your slab rate. Companies deduct TDS on dividends above the threshold, which you claim as a credit.

Provisions

Sec 194, Income-tax Act 1961 (now Sec 393)

Analysis

Report ₹15,000 as dividend income; ITR-1 asks for quarter-wise dividend to work out interest correctly. If TDS was deducted, claim it from Form 26AS. AIS lists dividends company by company, which helps you check totals.

Close

  1. Check dividend entries in AIS.
  2. Add up dividends for the year.
  3. Enter them under other sources with quarter-wise break-up.
  4. Claim TDS from Form 26AS.
  5. Keep the AIS download.

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