Clipped from: https://taxguru.in/income-tax/capital-gain-tax-exemption-property-redevelopment.html 1. Redeveloping old buildings and societies is gaining momentum in major cities like Mumbai, Delhi-NCR, Surat, Bengaluru etc. Mumbai, India’s financial capital, is
Category: Income Tax
👌👌👌👌👌👌👌Clear Tax–Capital Gains Tax — Important Information
Which ITR form am I supposed to file on capital gain from the Sale of Property or Gold? You are supposed to file ITR –
👌👌👌👌👌👌👌ITR Filing Plans and Pricing | CA Assisted Income Tax Filing | ClearTax Pricing
Clipped from: https://cleartax.in/s/pricing?utm_ref=in-lineCTA#expert-assisted-itr Get a dedicated tax expert to handle everything, from start to finish To improve our assistance and address your queries promptly, kindly share
👌👌👌👌👌👌👌Capital Gains Tax on the Sale of Property
Clipped from: https://cleartax.in/s/capital-gain-tax-on-sale-of-property-shares-gold Selling property is a significant financial transaction, and understanding the tax implications under the Income-tax Act, 1961 is crucial for anyone involved in
👌👌👌👌👌👌👌Long-Term Capital Gains(LTCG): Tax Rates, How to Calculate, Exemptions and Examples
Clipped from: https://cleartax.in/s/long-term-capital-gains-ltcg-tax Any profit/gains arising from the transfer of capital assets such as property, shares, bonds, vehicles, etc., are subject to income tax under the
👌👌👌👌👌👌👌Capital gain tax on sale of property received by gift – Income Tax | Tax queries
Clipped from: https://www.caclubindia.com/forum/capital-gain-tax-on-sale-of-property-received-by-gift-610331.asp My father purchased a residential property (say X) in 1990. Now I have bought an under-construction residential property (say Y) with a home
👌👌👌👌👌👌👌Capital Gain Tax – Holding Period of The Property
Clipped from: https://taxguru.in/income-tax/capital-gain-tax-holding-period-property.html The holding period of the property to compute Capital Gain tax is always a subject matter of controversy between the taxpayer and the
👌👌👌👌👌👌👌Capital Gain Tax Exemption on Property under Redevelopment
Clipped from: https://taxguru.in/income-tax/capital-gain-tax-exemption-property-redevelopment.html 1. Redeveloping old buildings and societies is gaining momentum in major cities like Mumbai, Delhi-NCR, Surat, Bengaluru etc. Mumbai, India’s financial capital, is
Restrictions on cash transactions रोखीच्या व्यवहारांवरील निर्बंध
Clipped from: https://www.loksatta.com/business/personal-finance/restrictions-on-cash-transactions-mmdc-css-98-4662131/ आर्थिक व्यवहार करण्यासाठी सध्या अनेक पर्याय उपलब्ध आहेत. पूर्वीच्या काळी फार थोडे पर्याय उपलब्ध होते, त्या वेळी रोखीच्या व्यवहारांवर अधिक भर होता. रोखीच्या
👌👌👌👌👌New ITR e-filing portal 3.0 to be launched soon, check new features and other details you need – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/new-itr-e-filing-portal-30-to-be-launched-soon-check-new-features-and-other-details-you-need-450719-2024-10-19 In accordance with the internal circular, the tax department has announced that the IEC project provides an online platform for taxpayers to electronically
👌👌👌👌👌Vivad Se Vishwas Scheme 2024: FAQs released on how to resolve income tax disputes – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/vivad-se-vishwas-scheme-2024-faqs-released-on-how-to-resolve-income-tax-disputes-450721-2024-10-19 This scheme primarily focuses on settling disputes that were pending as of July 22, 2024. Taxpayers who are currently entangled in disputes related
👌👌👌Tax Query: Taxation on sale proceeds of ESOPs from MNC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-taxation-on-sale-proceeds-of-esops-from-mnc/article68763601.ece If you are holding shares for 24 months or more, then the resulting capital gain from sale of such shares would be regarded
👌👌👌👌👌👌👌Critical Analysis of New Reassessment Provisions: Section 148, 148A and 149
Clipped from: https://taxguru.in/income-tax/critical-analysis-reassessment-provisions-section-148-section-148a-section-149.html Critical analysis of new reassessment provisions: Section 148, Section 148A and Section 149 In this article, we provide a critical analysis of the
👌👌👌👌👌👌👌THE NEW REGIME OF REASSESSMENT PROCEEDINGS UNDER SECTION 148A OF THE INCOME-TAX ACT, 1961: A 20-POINT CHECKLIST FOR REPRESENTATION – Digest of case laws
Clipped from: https://itatonline.org/digest/articles/the-new-regime-of-reassessment-proceedings-under-section-148a-of-the-income-tax-act-1961-a-20-point-checklist-for-representation/ By Dr. K. Shivaram, Senior Advocate & Mr. Shashi Bekal, Advocate Executive Summary The Article aims at providing a detailed guide for advocates,
👌👌👌👌👌👌👌Critical Analysis of New Reassessment Provisions: Section 148, 148A and 149
Clipped from: https://taxguru.in/income-tax/critical-analysis-reassessment-provisions-section-148-section-148a-section-149.html Critical analysis of new reassessment provisions: Section 148, Section 148A and Section 149 In this article, we provide a critical analysis of the
👌👌👌👌👌👌👌Importance of Gift Deed in Property Transfer
Clipped from: https://taxguru.in/chartered-accountant/importance-gift-deed-property-transfer.html Transferring wealth in the form of immovable property and or high value items as gifts is very common nowadays. However, many times transferor
👌👌👌Notices issued through income tax portal only is not a valid service of notice: ITAT Chandigarh
Clipped from: https://taxguru.in/income-tax/notices-issued-income-tax-portal-valid-service-notice-itat-chandigarh.html Chhering Tomdan Vs ITO (ITAT Chandigarh) ITAT Chandigarh held that since notices were issued through ITBA portal only it cannot be treated as
👌👌👌👌👌👌👌Interpreting Reassessment Provisions – UOI vs. Rajeev Bansal & Ors (SC)
Clipped from: https://taxguru.in/income-tax/interpreting-reassessment-provisions-uoi-vs-rajeev-bansal-ors-sc.html Interpreting Reassessment Provisions – UOI vs. Rajeev Bansal & Ors – Civil Appeal No 8629 of 2024 (SC) The primary issue is whether
👌👌👌Deduction u/s. 80P(2)(d) not available on interest from savings bank account in co-operative bank
Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-2-d-interest-savings-bank-account-co-operative-bank.html Karumandurmedu MPCS Ltd Vs DCIT (ITAT Chennai) ITAT Chennai held that interest earned out of savings bank account maintained in a co-operative bank
👌👌👌SC gives relief to IT department, but it’s bad news for 90,000 assessees – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/sc-gives-relief-to-it-department-but-its-a-bad-news-for-90000-assessees/article68713650.ece Taxpayers will need to quickly comply with the requirement of notices issued in their cases and complete the proceedings In a big win
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