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Income Tax - Highlights / Catch Notes

Home Highlights November 2014 Year 2014 This

If the loss on sale of investments has been booked in the hands ...


Investment Sale Losses Must Include Dividend Income in Financial Statements for Holding and Subsidiary Companies.

November 24, 2014

Case Laws     Income Tax     AT

If the loss on sale of investments has been booked in the hands of the Holding Company or any of the Subsidiary Companies, on the ground that they are the real owners, then the dividend income has to be taken in their account - AT

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