News From Press ITR filing: How income tax rule applies on dividend paying stocks, bonus shares, buyback of shares

ITR filing: How income tax rule applies on dividend paying stocks, bonus shares, buyback of shares

Source: Mint Feb 25, 2023

ITR filing: Results season for Q3FY23 is about to end and listed entities are showering interim and final dividends, bonus shares, buyback of shares, etc. to reward its loyal long term investors. As all these rewards announced by the listed companies are income of its shareholders, it becomes important to know how income tax rules applies on dividend paying stocks, issuance of bonus shares and buyback of shares.

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