• N. Jaya Kumar

Since the instituting of the Income Tax Act, 1961, dividend income has been taxed in India under the heading of other sources. As a result of the many revisions made throughout time, taxation on dividend income has witnessed considerable turbulence. The way dividends are taxed has also changed. A dividend distribution tax was also imposed on domestic corporations whose earnings were either now being distributed to shareholders or had accrued in the previous year and were used to pay dividends to those shareholders. However, recipient shares are now again subject to tax on the distribution. This move would have wreaked havoc on both the stockholders who received their dividends and the firms that distribute their income. From 1997 through 2020, this paper looks at the tax treatment of dividend income from domestic corporations on equity shares in the hands of individual shareholders. Dividends are paid out to investors in the form of stock or mutual fund shares. Many of their stock and mutual fund assets pay out dividends to investors. That's why a lot of you are worried about whether or not you'll have to pay taxes on the profits you get from your investments. The taxation of dividend income is thus something that we should investigate more.

Dividend, Dividend Distribution Tax, Dividend Tax, Individual, Equity Shareholders.

"INDIA’S TAXABILITY OF INDIVIDUAL EQUITY SHAREHOLDERS’ DIVIDEND INCOME FROM DOMESTIC COMPANIES.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 7, page no.g483-g491, July-2022, Available :http://www.jetir.org/papers/JETIR2207669.pdf

"INDIA’S TAXABILITY OF INDIVIDUAL EQUITY SHAREHOLDERS’ DIVIDEND INCOME FROM DOMESTIC COMPANIES.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 7, page no. ppg483-g491, July-2022, Available at : http://www.jetir.org/papers/JETIR2207669.pdf