Articles tagged “Dividend Stripping”
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 …
- Dividend stripping disallowance (Section 94(7))
Section 94(7) disallows a capital loss on mutual fund units bought within 3 months before and sold within 9 months after the IDCW record date, to the extent of …