Articles by Alok Siddapur

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Loss arising in case of Bonus Stripping

Posted by Alok Siddapur 10 May 2011 12788 Views

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




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