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ITA 1961 → DTC 2025Basis of Charge

Section 8 Section 8

Dividend Income

RetainedMedium - Standard corporate finance rule.

Quick Answer

Section 8 of the Income Tax Act, 1961 (Dividend Income) corresponds to Section 8 of the Direct Tax Code 2025 (Income-tax Act, 2025), effective 1st April 2026. Status: Retained.

Old Law (ITA 1961)Ch: II

Sec 8

Provision Summary

Rules regarding when dividend declared by a company is deemed to be the income of the shareholder.

New Law (DTC 2025)Ch: II

Sec 8

Provision Summary

Retained. Final dividend and interim dividend taxation timing remains linked to declaration/payment.

Key Changes & Highlights

  • None. Taxation remains in the hands of the shareholder.

Related Sections

Frequently Asked Questions

What does Section 8 of the Income Tax Act 1961 deal with?

Section 8 (Dividend Income) Rules regarding when dividend declared by a company is deemed to be the income of the shareholder.

What is the new section number for Section 8 under the Direct Tax Code 2025?

Section 8 of the ITA 1961 maps to Section 8 of the Direct Tax Code 2025 (Income-tax Act, 2025), effective from 1st April 2026.

What is the status of Section 8 under the new tax code?

Section 8 is marked as "Retained" with status "Active". Impact: Medium - Standard corporate finance rule.

What are the key changes to Section 8 under DTC 2025?

None. Taxation remains in the hands of the shareholder.

Disclaimer: This page is for educational and reference purposes only. Section mappings are based on publicly available drafts and circulars. Always consult a qualified Chartered Accountant before filing or making compliance decisions under the Direct Tax Code 2025.

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