[A] INTRODUCTION The finance act of 2018 brought about a change in the way Long Term Capital Gain [LTCG] on listed equity shares & Units of Equity Oriented Funds are taxed. Earlier to this act there was exemption from payment of tax under Section 10(38) of the Income Tax Act. Now instead of Section 10(38),… Continue reading Long Term Capital Gains on Listed Equity Shares
This is the first of the series of articles that we are prepared to post related to Capital Gains. There are five heads of income under the Income Tax Act and one among them is Capital Gains. So for any income to fall under the head of Capital Gains, the following criteria should be fulfilled.… Continue reading Capital Gains – Introduction
The attached file can be use for registration under GST if the said property used for the registration is not rented but owned by any of the director / proprietor / partner of the business or their relative.