Tag: Capital Gains
CBDT has notified the 'Cost Inflation Index (CII)' for FY 2018-19/ AY 2019-20 at 280 for determining 'long term capital gains (LTCG)' under Income Tax. Earlier, CBDT has notified new CII at …
The CBDT has issued a set of 24 FAQs on Taxation of Long Term Capital Gains from Equity Shares and Units of Equity Oriented Fund/ Business Trust, as proposed …
While presenting Budget 2018-19, the Finance Minister Mr Arun Jaitley has proposed to Rationalise Tax Rate for Long Term Capital Gains at 10%, i.e. to tax long term capital gains exceeding …
Slump sale basically means transfer of one or more undertakings as a result of the sale for a lump sum consideration, without values being assigned to the individual assets …
The CBDT has notified the Income-tax (6th Amendment) Rules, 2016 further to amend the Income-tax Rules, 1962, which shall come into force from the 1st day of April, 2016. …
In order to reduce litigation, the CBDT has issued Clarification/ Instructions reg. the Issue of taxability of surplus on sale of shares and securities, i.e. whether to be treated …