LIQUIDBEES TDS dividends

[Sunil_Joshi2]

Is TDS credited directly to PAN of my account for dividends generated in the form of additional units in LIQUIDBEES

[Prayag]

Yes, the TDS collected from dividends issued for LiquidBees shows up directly in your 26AS. The reasoning behind why this happens is explained by @Quicko in a different thread -

@Quicko

Dividend on Liquidbees - As per Section 194K, TDS should be deducted on the dividend at the time of credit to the payee’s account or at the time of payment by any mode. Thus, TDS must be deducted even if the dividend is paid in the form of units and not cash. TDS at 10% (7.5% for FY 20-21) should be deducted if the dividend exceeds INR 5,000.

For reference, this is how the entry in 26AS looks like -