Only Dividend under Section 2 (22) ( e) covered here.

TDS Rate is 10%

Cutoff is Rs 2500



No TDS under Section 194 in case

Payment to individual shareholder


Amount of dividend is upto 2500


Dividend is paid by an account payee cheque.


The TDS provisions will not apply to dividend receivable by LIC, GIC, its subsidiaries or any other insurer provided the shares are owned by them, or they have full beneficial interest in such shares.





Dividend under Section 2 (22) (a) to (d) not covered here as Dividend distribution tax is applicable on it.

  1. Income Tax
  2. Tax Deducted at Source (TDS)
Ask Download

About the Author

Davneet Singh's photo - Teacher, Computer Engineer, Marketer
Davneet Singh
Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 8 years. He provides courses for Maths and Science at Teachoo. You can check his NCERT Solutions from Class 6 to 12.