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

Last updated: 03 February 2022 Follow on Google News

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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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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