Sponsored
    Follow Us:

Archive: 05 October 2008

Posts in 05 October 2008

Dividend Stripping Loss is Allowable – Bombay High Court

October 5, 2008 624 Views 0 comment Print

Wallfort Shares & stock Brokers Ltd v ITO Where the assessee bought units of a mutual fund, received tax-free dividend thereon and immediately thereafter redeemed the units and claimed the difference between the cost price and redemption value as a loss and the same had been upheld by a Five Member Special Bench of the Tribunal as a genuine loss,

Sponsored
Sponsored
Search Post by Date
February 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
2425262728