Dividend
This query is : Resolved
31 March 2016
https://www.taxnaccounts.com/home/dividend-stripping-us-947-bonus-stripping-us-948
You can prefer this link
You can prefer this link
31 March 2016
Dividend stripping refers to the practice of using dividends declared by a scheme to lower one's tax liability. Investors essentially pocket the dividend and show reduction in the net asset value (NAV) as capital loss to be adjusted against capital gains from any other investment.
“Dividend stripping is a quick way of shoring up assets. It is also a way of favouring select corproates and high net worth individuals, who can use it as a tax-saving tool,” said a fund official on condition of anonymity.
“Dividend stripping is a quick way of shoring up assets. It is also a way of favouring select corproates and high net worth individuals, who can use it as a tax-saving tool,” said a fund official on condition of anonymity.
31 March 2016
It refers to enjoying the benefits of cum dividend + possibility of capital loss after the record date
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
