Yes, dividends from stocks received through Angel One are taxable as per Indian income tax laws. Dividends you earn are added to your total income and taxed according to your income tax slab. Angel One provides you with the necessary tax statements to help you file your income tax returns easily.

Are Dividends from Stocks Taxable When Received via Angel One?

Yes, dividends from stocks are taxable as per your income tax slab. Dividends are added to your total income and taxed accordingly. Angel One credits dividends directly to your linked bank account and also provides tax documents for your convenience.

How Does Angel One Handle Dividend Payments?

Angel One receives dividends from companies and credits them directly to your registered bank account. You can easily track dividend payments through your Angel One account. They also provide annual tax reports which include dividend income details for filing your taxes.

Do You Need to Pay TDS on Dividends?

Yes, if your dividend income exceeds Rs. 5,000 in a financial year, companies are required to deduct TDS (Tax Deducted at Source) before paying the dividend. This TDS will be reflected in your tax documents provided by Angel One. You can claim this TDS while filing your income tax return.

How to Report Dividends in Your Income Tax Return?

You should report dividend income under the head ‘Income from Other Sources’ in your income tax return. Use the tax documents provided by Angel One that list your dividend income and TDS details. This helps you accurately declare your income and claim any TDS credits.

Why It’s Important to Keep Track of Dividend Income?

Keeping track of dividend income helps you stay tax compliant and avoid any penalties. Angel One’s clear statements and reports make it easy for you to know exactly how much dividend you earned and what tax was deducted. This way, you can file your taxes correctly without confusion.