Dividend income becomes taxable in the hands of investors after removal of the Dividend Distribution Tax (DDT). As dividend income becomes taxable in the hands of investors after removal of the Dividend Distribution Tax (DDT), tax deduction at source (TDS) becomes applicable on dividend payout u/s 194 of the Income Tax Act. Accordingly, 10 per
Income Tax
he loss that you have incurred shall be reported as short-term capital loss, which you can adjust against your short-term capital gains. By Chirag Nangia I have sold Dewan Housing Finance Ltd NCDs within a period of less than three years at a loss. Can I adjust short term capital gain against this loss?—Ajit Kumar