Webinar :Register now for Commodity Ki Paathshala webinar on ‘FPOs & Agriculture Marketing-The Beginning of a New Era’ on January 22, 4pm

Shopping for fake 'profit', 'loss' to get tough from Aug 1

High networth individuals who 'buy' loss/profit from friendly brokers to either suppress taxable income or convert black money into white, will find it difficult to do so, from August 1.

August 01, 2011 / 09:50 AM IST

Santosh Nair


Moneycontrol.com

High networth individuals who 'buy' loss/profit from friendly brokers to either suppress taxable income or convert black money into white, will find it difficult to do so, from August 1. This follows the new rules on modification of client codes (the client

first published: Aug 1, 2011 04:33 am
Sections