Just a moment...

Top
Help
Upgrade to AI Search

We've upgraded AI Search on TaxTMI with two powerful modes:

1. Basic
Quick overview summary answering your query with referencesCategory-wise results to explore all relevant documents on TaxTMI

2. Advanced
• Includes everything in Basic
Detailed report covering:
     -   Overview Summary
     -   Governing Provisions [Acts, Notifications, Circulars]
     -   Relevant Case Laws
     -   Tariff / Classification / HSN
     -   Expert views from TaxTMI
     -   Practical Guidance with immediate steps and dispute strategy

• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.Help Us Improve - by giving the rating with each AI Result:

Explore AI Search

Powered by Weblekha - Building Scalable Websites

×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Disallowances U/S 94(7)

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....isallowances U/S 94(7)<br> Query (Issue) Started By: - S.C. WADHWA Dated:- 23-3-2013 Last Reply Date:- 13-11-2015 Income Tax<br>Got 1 Reply<br>Income Tax<br>Dear Sir, Our company had invested &#8377;....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....one lac by purchasing 10000 units of a mutual fund on daily dividend pay out on 26.4.2010. Sold one thosand units on 24.7.10 and suffers loss of &#8377; 2500/- but dividend recd &#8377;2200/-. Then 10....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....00 units sold on 24.8.10 and suffers loss of &#8377; 1300/- but dividend recd &#8377; 4100/- till date. Then on 27.10.10 1000 units sold and get profit &#8377;3700/- but dividend recd &#8377;5700/- ti....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ll date on daily basis. Balance 7000 units sold on 27.3.11 and get profit of &#8377; 17000/- alongwith dividend of &#8377; 9500/- till date. Recod date is not known to us. Now my query is that if any....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... amount of loss suffered on sale of units to be disallowed in income tax or not. Pls advise. Regards, WADHWA Reply By MARIAPPAN GOVINDARAJAN: The Reply: You may better have a consultation with the....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Chartered Accountant.<br> Discussion Forum - Knowledge Sharing ....