Comment on Tradetax for income tax returns when trading

Nithin Kamath commented on 13 Dec 2016, 10:33 PM

It is called dividend stripping, when you sell a share on the day it goes ex-dividend. Essentially you book a loss on your trade, but this makes up in the dividend tax free gain. I don’t see there is any issue with this. I guess you will have to ask your CA for clarification on this.

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