APPLICABILITITY OF SECTION 94

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..... APPLICABILITITY OF SECTION 94
Query (Issue) Started By: - S.C. WADHWA Dated:- 30-4-2012 Last Reply Date:- 12-2-2015 Income Tax
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Income Tax
Dear Sir, A company purchased mutual .....

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..... fund on which dividend received are reinvested daily/weekly. Now, I want to know whether provisions of Section 94(7) would be applied or be governed by provisions of Section 94(8). Please clarify wi .....

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..... th an example how loss on sale of them will be dealt with. In case of mutual fund on which dividend are reinvested on daily/weekly basis what would be record date for purpose of aforesaid sections. .....

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..... Reply By MARIAPPAN GOVINDARAJAN: The Reply: Whether you have got clarified in this issue? If not please inform.
Discussion Forum - Knowledge Sharing .....

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