long term capital gain holding period


Indirect tax collection increases by 37% in May 2015

Indirect Tax Revenue Provisional Collections Increase From Rs 36 408 Crore in May 2014 to Rs 49 993 Crore During May 2015 An Increase of 37 3 Registered During the Month of May 2015 over the Correspon

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ICAI on ease of doing business in India

The Ministry of Corporate Affairs has issued a notification to give exemptions to private companies under the Companies Act to improve ease of doing business in India ICAI is happy that the Government

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ITR 1,2 and 4S simplified for convenience of taxpayers

Income Tax Return Forms ITR 1 2 and 4S Simplified for Convenience of the Tax Payers A New Form ITR 2A Proposed which can be Filed by an Individual or HUF who does not have Capital Gains Income from Bu

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Institute warns against malicious circulation of emails

The Council of the Institute of Chartered Accountants of India ICAI at its 342nd meeting held on 5th and 6th May 2015 noted the judgment dated 24th March 2015 delivered by the Honble Supreme Court of

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Grievances relating to verification and correction of demand outstanding against taxpayers

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Subject Grievances relating to verification and correction of demand outstanding against taxpayers The Incom

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Experts Opinions

Capital gain on midc plot - lease

My client having MIDC Plot which is on lease of 99 years this plot is purchase in 2007 Now he is selling his MIDC Plot This MIDC Plot is in Sinner Malegaon MIDc which is outside the Nashik Muncipal Co

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Income from long term capital gain

hi all one of my relative has received a notice from itd regarding tax on capital gain she sold agriculture land in f y 13 14 which was purchased in f y 2010 11 sale consideration received was Rs 11 5

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Input tax claim on capital goods

Dear all How much percentage can we take input tax claim on capital goods and also how to calculate it Thanks

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Books and periodicals use full life as per co act ,2013

hi what is the depreciation use full life for books and periodicals as per companies act 2013

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Bachelors alongside cpt

I want to do a bachelors degree alonside ca but am not sure which one to take up PLease can u suggest me

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Long term capital gain taxation

Hi I have a querry regarding taxability of LTCG in case of deceased assessee The assessee was a super senior citizen and havingLTCG on sale of property which is taxable 20 subject to basic exemption l

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Termination clauses for a management director

For a private limited company which has a Non Resident NRI Director and a Resident director who will be designated as Managing Director of the company what should be the termination clauses and what s

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Capital gain on sale of flat and plot

Hello I want to know that Capital Gain Arrises on Sale of Flat Rs 7 lakhs and On Sale of Plot Rs 15 lakhs Can Invest Total Rs 22 Lakhs from Capital Gain in One Flat or Not

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Ascertain the agricultural land for the purpose of capital g

If vegetable or grains croping land agricultural land is out of locl limit of municipal area municipal board or a cantonment area but situated 2 kilometer far away in a village governed by local admin

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Capital market in india

Capital Market in india meaning definition instrument Merchant banker and money details available

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  • Income Tax calculator A.Y 2014-15,2015-16 & 2016-17

    Income tax calculator Individual Company and Firm Following type income calculate tax 1 Salary income 2 House property 3 PGBP Income 4 Capital gain U s 111A U s 112 and Normal capital gain 5 Other source income 6 Agriculture income Interest calculate Under section 234A 234B and 234C also HRA calculation


  • Investment Banking Book

    The first edition of Investment Banking appeared in 2010 and I am encouraged to launch its 4th edition in about 51 months from the initial beginning The success of the previous editions made me more determined to build further on its contents to provide the readers bankers analysts students professors with more at the desk practical reference material I believe that the book appeals to readers around the globe as it advocates the logical approach and universal fundamentals The book has been expanded updated and improved with growing experiences of training and working in the investment banking sector The book has been updated and expanded with a try to make it more reader friendly To make the book easier to navigate we have broken up long chapters from the previous edition into shorter chapters so that each chapter is of a more manageable size and the reader can find important topics faster An important addition to the book is inclusion of income based valuation method i e DCF Valuation that has a wide range of applications including valuation for various M A situations IPOs restructuring and investment decisions


  • Individual Capital A/c and Computation format

    Capital A c and Computation for Individual


  • Reopening of Assessment-Horrendous journey for assessee!

    This file contains the brief analysis on Reopening of assessment along with practical tax issues and riders One can found all recent rulings and relevant case laws about section 147 here A helpful guide for professionals


  • T/O based compliance-Co., Act 2013

    Lists out compliances under Companies Act on basis of Turnover Paid up Capital Borrowings


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Analysing the Judgement of Hon'ble Bombay HC holding meal vouchers as -Goods- & Implications

Recently the Honble High Court of Bombay have pronounced an order which is a land mark judgment for Indian E commerce Industry specifically and including Coupon voucher sub industry considering the va

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Opening an account under Capital Gain Scheme 1988

Youve had a Long Term Capital Gain under the respective Section s of the Income Tax Act Now you must be wondering as to how you will save yourself from the Tax liability arising as a result of Capital

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Analysis on capital budgeting techniques

Section 1 Vinu requesting Manus help for teaching basics of Capital Budgeting Process Manu Hi Vinu How are you Vinu I am fine Manu I need your Guidance Manu With pleasure But for what Vinu Our company

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Capital gains - Exemption from tax u/s 54 & 54F

Capital gains when and to what extent exempt from tax u s 54 54F Section 54 provides exemption to capital gains arising from transfer of a residential house property being building or land appurtenant

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Mandatory bomb again attacks indirect taxes in Budget 2015

Onset of Mandatory Era Indirect taxes have finally fallen and infact seems to be more obsessed with the word mandatory In first and interim budget of Modi Government first bomb of mandatory aspect fal

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Updated on : 6/21/2015 12:00:36 PM