Dividend income received from mutual in the hands of unit holders. A. Fully Taxable B. Fully Exempt C. Partly Taxable D. Partly Exempt

The tax treatment of dividend income received from mutual funds in the hands of unit holders can vary depending on the specific circumstances. Here are the possible options:

A. Fully Taxable: This means that the entire dividend income is subject to taxation. Unit holders would need to include the dividend income in their taxable income and pay taxes on it according to the applicable tax rates.

B. Fully Exempt: In this case, the dividend income received from mutual funds is completely exempt from taxation. Unit holders do not need to include the dividend income in their taxable income and are not required to pay any taxes on it.

C. Partly Taxable: This option indicates that only a portion of the dividend income is subject to taxation. Unit holders would need to include the taxable portion of the dividend income in their taxable income and pay taxes on it accordingly.

D. Partly Exempt: This means that only a portion of the dividend income received from mutual funds is exempt from taxation. Unit holders would need to include the taxable portion of the dividend income in their taxable income and pay taxes on it, while the exempt portion is not subject to taxation.

It is important to note that the specific tax treatment of dividend income from mutual funds can vary based on the tax laws and regulations of the country or jurisdiction in which the mutual funds are held. Therefore, it is advisable to consult with a tax professional or refer to the relevant tax authorities for accurate and up-to-date information regarding the tax treatment of dividend income from mutual funds.