Budget 2022 bans bonus stripping of shares, units of RETIs, InvITs

Last updated: 03 February 2022

Provisions pertaining to bonus stripping and dividend stripping to be made applicable to securities and units 1. Section 94 of the Act contains anti-avoidance provisions to deal with transactions in securities and units of mutual fund which, inter-alia, include dividend stripping and bonus stripp
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