https://www.taxtmi.com/acts?id=3191 Anti-avoidance deeming treats interest (including dividends) receivable by another person after sale and reacquisition of the same or similar securities as the income of the original owner; parallel deeming applies where a beneficial owner's income is reduced by transactions. The Assessing Officer may require particulars and can be satisfied that no avoidance occurred. Traders dealing in securities may have buy-back transactions ignored for business profit computation. Short-window purchases around record dates have loss-ignoring rules and treated cost adjustments for allotted additional securities or units. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 16 Jun 2025 12:55:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3191 Anti-avoidance deeming treats interest (including dividends) receivable by another person after sale and reacquisition of the same or similar securities as the income of the original owner; parallel deeming applies where a beneficial owner's income is reduced by transactions. The Assessing Officer may require particulars and can be satisfied that no avoidance occurred. Traders dealing in securities may have buy-back transactions ignored for business profit computation. Short-window purchases around record dates have loss-ignoring rules and treated cost adjustments for allotted additional securities or units. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3191