Loss from Equity Shares
Can Carry Forward for 8 years if you have filed an Income Tax Return
Long term capital loss
Is a dead loss – it can neither be adjusted or carried forward.
Taxation of Dividends received on shares:
Any dividend received on shares held in Indian company is fully exempt from payment of tax. However the company is required to pay a tax called Dividend Distribution Tax on such dividend at the rate of 15 percent on such dividend. So effectively 15 percent tax on your behalf has been paid by the company on the dividends received by you.
Read more at:Long Term Capital Gains
