Eg. Short term capital loss on sale of shares = Rs. 50,00,000.
(purchased and sold within 3 months before and after record date)
Dividend received= Rs. 15,00,000
STCL allowed would be
40,00,000 or 35,00,000?
Menu
Dividend Stripping u/s 94
Replies (4)
Rs. 35,00,000 will be the Short Term Capital Loss
Excess of Rs. 500000 will be taxed u/s 115bbda right?
Will that amt. also be disallowed for STCL?
Will that amt. also be disallowed for STCL?
If excess amount of Rs. 5,00,000 is being taxed u/s 115BBDA. Then the same amount cannot be disallowed u/s STCL and Rs. 40,00,000 to be allowed as STCL.
Okay! Thanks alot 😊
Recent Topics :
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
- Omitted sales shown in GSTR-1 Table 14 but not in
- EWAY BILL TAKE OUT OF OTHER COMPAMY
- Penalty & late fee for late ITR filing
- Business discontinued as Government took possessio
Related Topics :
CAclubindia
