long term capital gain holding period

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CBDT invites comments on notification issued to stop misuse of long term capital gain


Central Board of Direct Taxes requests for stakeholders comments on draft of Notification to be issued Under Section 10 38 of the Income tax Act 1961 Section 10 38 of the Income tax Act 1961 the Act prior to its amendment by Finance Act 2017 provided that the income arising by way of a transfer of l

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Experts Opinions

period of holding 2 42a


the amendment in period of holding of property to 24 months applicable from 1 4 17 is applicable for all transfers after such date irrespective of purchases made before or after 1 4 17 or only for such transfers purchase of which is made after 1 4 17

period of holding 2 42a


the amendment in period of holding of property to 24 months applicable from 1 4 17 is applicable for all transfers after such date or only for such transfers purchase of which is made after 1 4 17 thanks for response in advance

Articleship termination


I am doing ca ipcc through direct entry I have not cleared any of the groups yet of ipcc I have also completed articleship of 1 5 2years so now can I terminate my articles as I want to clear my ipcc first and then do the remaining articleship

Capital gains


whether gold monetization bonds are applicable for indexation benefits or sovereign bonds are applicable

Capital gain


I HAVE SOLD MY HOUSE IN F Y 2016 17 AND RECEIVED WHOLE CONSIDERATION PURCHASER WANT TO ENTER INTO SALE AGREEMENT AND NOT READY TO MAKE DASTAVEJ OF THE SAME 1 IN WHICH YEAR I HAVE TO SHOW CAPITAL GAIN I E SALE OF HOUSE 2 IN SUCH CASE WHAT IS THE TIME LIMIT TO INVEST IN NHAI BOND

Discussion

Capital gain query

Sir 1 I Have sold a house site and got capital gain 2 But before selling this house site I Have purchased a residential property from my own funds Can I say the capital gain arrived from the property sold has been utilized for the purchase of this residential property 3 Can I utilize the capital gai

capital gain return

plse help me filing share capital gain return

Taxation of capital gains on sale of residential property

Sir Madam Is Capital Gain arising on sale of a residential property in the name of an individual utilised to purchase a new joint residential property in the name of self and spouse eligible for deduction u s 54

QUERY REGARDING CAPITAL GAINS

MY CLIENT PURCHASED A NON AGRICULTURAL LAND IN 2011 FOR RS 30 LACK HE SOLD IT IN 2016 FOR RS 55 LAC WHICH CAPITAL GAIN WILL BE APPLICABLE IN THIS CASE AND WHETHER IT WILL BE SHOWN IN INCOME TAX

Exemption under capital gains

Dear All My father sold a property on 3rd nov 2016 and registry had been done on the same date value of the property is 2 80cr payments terms mentioned in the sale deed via post dated cheques on diffrent dates till august 2017 On current date he paid 85 lacks rupees he is also violating the sale dee

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Determination of Goods or Services: GST Provisions


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Take or Pay long term commodities contracts - Ind AS/ IFRS


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GST Transition - Time Limits and Limitation Periods


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A big gain in Section 45(2) of Capital Gain


All cases related to conversion of capital asset into stock in trade are dealt by Sec 45 2 of Income Tax Act 1961 at any point of time Whenever a capital asset whether short term or long term is converted into stock in trade by an assessee it is deemed as transfer of capital asset and attracts capit


CPA along with CA helps in career progression


Chartered Accountant for those who have passed it phew Done It is one of the toughest exams that the students can take and the pressure is immense Is being a CA enough as a career Yes it definitely is when you are looking at traditional jobs in the industry for CAs in the field of auditing taxation


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Updated on : 4/26/2017 12:36:30 PM


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