When is section 50 (pgbp) attracted ?
Menu
Ca final direct tax
Replies (1)
Sec 50 is attracted when an asessee has sold a capital asset forming part of block of assets on which depreciation has been allowed under The Income Tax Act, 1961.
Regards,
Fatema
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
