Piyush Shah (Student) (48 Points)
20 April 2014
Income Tax Wala: (Fin. Expert)
(Chartered Accountants)
(2010 Points)
Replied 21 April 2014
to the extent i understand from your question
Dividend from an indian company is exempt u/s 10(34) hence no question of set off or carry forward
apart from above carry and set off all the other losses if they are elibile for carry/setoff
Rahul jain
(LEARNING & TEACHING)
(435 Points)
Replied 21 April 2014
agrreed.....
dividend from domestic country is exept from tax u/s 10(34).... hence the exempt amt. can not be used for set off of any kind of loss....
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
