Dear Friends,
Can anyone explain me the treatment of dividend in case of cross holding of shares.
Dheeraj
(Learner)
(1100 Points)
Replied 24 May 2011
The situation in which one co. owns stock in another company. This situation can lead to double-counting of securities.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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