Sunday, April 21, 2019

Interest on Bank Deposits & eligibility for deduction u/s 80TTA Vs. 80TTB

Presently, section 80TTA provides Rs 10,000/- deduction to all individual/HUF taxpayers. Section 80TTA of the Income Tax Act-1961 reads as under: Deduction in respect of interest...

Long Term Gain Tax on shares is back- Time to know the Tax Implications

Long Term Gain Tax on shares is back- Time to know the Tax Implications “Total amount of exempted capital gain from listed shares and units...
Capital Gain exemption available

Capital Gain exemption available even if investment is done in the name of wife:...

Benefit of exemption u/s 54F is not limited to investments made on claimants' name only: HC JAIPUR,: THE issue is - Whether Section 54F places...
section 269 st

Surgical strike on cash- accepting cash of Rs. 2 Lakh and more is an...

Surgical strike on cash- accepting cash of Rs. 2 Lakh and more is an offence now- Section 269ST About Author: Name: CA Naresh Jakhotia The author is...
Actual sale consideration, not stamp duty valuation, is important for claiming capital gain exemption u/s 54F

Actual sale consideration, not stamp duty valuation, is important for claiming capital gain exemption...

INCOME TAX OFFICER vs. SHRI RAJ KUMAR PARASHAR :  ITAT- JAIPUR BENCH Exemption under s.54F: Capital gains— Exemption under s.54F: Full value o consideration vis-a-vis value adopted...