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Articles by Alok Siddapur

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Loss arising in case of Bonus Stripping

  Alok Siddapur    10 May 2011 at 12:27

According to Section 97(8) if all the following conditions are satisfied then loss arising on account of purchase and sale of units(hereinafter referred to as original units) shall be ignored for computing income chargable to tax 1) Any person buys

Posted in Income Tax |   12739 Views