Menu
Deduction u/s 80M
Can we claim deduction u/s 80M when we received equity dividend and paid preference dividend in due course..?
Replies (1)
Preference Dividend should be distributed before the the due date means, before one month of filling return of Income under section 139(1) of the income tax Act not in due course. , If you want to claim deduction under section 80M of the income tax Act.
Recent Topic
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
- TDS related matter - 194 IA
- Research: How do CA firms handle GSTR-2B reconcili
- CA FINAL FR IndAS 33 Illustrtion 14
- Taxation on Sale of old Jewellery Received at Marr
- ITR-3 Filling issues
- PF withdrawal and tax liability
- Sale of Goods or Services?
- ITR form query
Related Topics
CAclubindia
