Bonus stripping - An intelligent tax planning

Tharun Raj , Last updated: 23 March 2010  
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This tax planning is designed based on a loop hole in sec. 94(8) of Income tax Act. Provision:Where,(a)any person buys or acquires any unitswithin a period of three months prior to the record date;(b)such person is allotted additional units without any payment on the basis of hol

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Published by

Tharun Raj
(CMA)
Category Income Tax   Report

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