capital gains

FAQs about IRS Tax Regulations on Online Entrepreneurs 5 min read

• Income Tax

FAQs about IRS Tax Regulations on Online Entrepreneurs

Rajbir Chawla 6 years ago

Does Tax-free Work Online? If you are an entrepreneur having an online presence instead of a physical location can save you a pretty penny when... Read More

Taxability of Compensation Received for Compulsory Acquisition of Non Agricultural Land 3 min read

• Income Tax

Taxability of Compensation Received for Compulsory Acquisition of Non Agricultural Land

Skumar 9 years ago

The central Board of Direct Taxes (CBDT) has clarified that the compensation received against acquisition (Including compulsory acquisition) of non-agricultural land is exempt from the... Read More

Extension on exemption for capital gains on Rupee Denominated Bonds 2 min read

• Income Tax

Extension on exemption for capital gains on Rupee Denominated Bonds

Sourav 9 years ago

The offshore Rupee denominated bonds, generally known as the masala bonds, got a tax benefit when the government during the Budget 2017 exempted them from... Read More

How change in base year of Indexation will affect your income from capital gains 3 min read

• Income Tax

How change in base year of Indexation will affect your income from capital gains

Sourav 9 years ago

Capital gains on transfer of capital assets including immovable property may decline after the announcement of change in base year of Indexation from 1981 to 2001... Read More

Save tax on capital gains- Tax Planning made easy on Capital Gains 4 min read

• Income Tax

Save tax on capital gains- Tax Planning made easy on Capital Gains

Manager 9 years ago

The profits arising from the sale of a ‘capital asset’ are known as a capital gains. This gain is subject to income tax in the... Read More

Capital Gains on Transfer of Jointly Owned Property 3 min read

• Income Tax

Capital Gains on Transfer of Jointly Owned Property

Sourav 9 years ago

Capital Gains on Transfer of Jointly Owned Property Often an assessee owns one residential property by itself, or be a joint owner along with a close... Read More

Entered Contract to Sell Property and Realized Money Later? What is Date of Recognition of Sale? 3 min read

• Income Tax

Entered Contract to Sell Property and Realized Money Later? What is Date of Recognition of Sale?

Rebecca Ghomes 9 years ago

Selling House Property? When is Date of Recognition of Sale for Tax Purposes Buying or selling of property is not a single day’s job, it’s a... Read More

When Values assigned to individual assets, sale is not Slump Sale Section 50B not attracted 5 min read

• Income Tax

When Values assigned to individual assets, sale is not Slump Sale Section 50B not attracted

Akanksha 9 years ago

A sale is treated as slump sale only if no individual value is assigned to the assets. Case Study The Assessees were partners of a... Read More

Provisions relating Capital Gain u/s 50 of Income Tax Act – Depreciable Assets 4 min read

• Income Tax

Provisions relating Capital Gain u/s 50 of Income Tax Act – Depreciable Assets

Akanksha 9 years ago

  Working of Capital Gain u/s 50 of Income Tax Act against sale of business assets Section 50 of the Income Tax Act, 1961 provides... Read More

Section 50C (1) of the Income Tax Act is retrospective in nature 4 min read

• Income Tax

Section 50C (1) of the Income Tax Act is retrospective in nature

Baisakhi Ganguly 9 years ago

The Income Tax Appellate Tribunal at Ahmadabad in the case of Dharamshibhai Sonan 22, Kamalpark  Row House, Kapodara,  Varachha Road, Surat – 395 006 having... Read More