Piyush Shah (Student) (48 Points)
20 April 2014
Income Tax Wala: (Fin. Expert)
(Chartered Accountants)
(2015 Points)
Replied 21 April 2014
to the extent i understand from your question
Dividend from an indian company is exempt u/s 10(34) hence no question of set off or carry forward
apart from above carry and set off all the other losses if they are elibile for carry/setoff
Rahul jain
(LEARNING & TEACHING)
(435 Points)
Replied 21 April 2014
agrreed.....
dividend from domestic country is exept from tax u/s 10(34).... hence the exempt amt. can not be used for set off of any kind of loss....
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