Articles tagged “Anti-Avoidance”
2 articles.
- Dividend stripping under Section 94(7) of the Income Tax Act
Section 94(7) of the Income Tax Act 1961 is an anti-avoidance rule preventing dividend stripping by disallowing capital losses when securities/units are …
- Bonus stripping under Section 94(8) of the Income Tax Act
Section 94(8) of the Income Tax Act 1961 is an anti-avoidance rule preventing bonus stripping by disallowing capital losses when securities/units are purchased …