Long-term capital gains on shares of private companies to be subject to concessional rate of tax@10% in the hands of non-corporate non-residents and foreign companies [Section 112(1)(c)] Effective from: A.Y. […]
All posts by TANI AGARWAL - 13. page
Professional Tax Consultant and Article Writer
Exemption of long-term capital gains on sale of residential property, where net consideration on sale is invested in shares of an eligible start-up [Section 54GB]
Exemption of long-term capital gains on sale of residential property, where net consideration on sale is invested in shares of an eligible start-up [Section 54GB] Effective from: A.Y.2017-18 (i) Exemption […]
Exemption of long-term capital gains on investment in notified units of specified fund [New Section 54EE]
Exemption of long-term capital gains on investment in notified units of specified fund [New Section 54EE] : Effective from: A.Y.2017-18 (i) Objective: For incentivising the start-up ecosystem in India, the […]
Stamp duty value on the date of agreement may be adopted as full value of consideration of immovable property, being land or building or both, if whole or part of the consideration has been paid by an account payee cheque or account payee bank draft or use of electronic clearing system through a bank account, on or before the date of the agreement for the transfer of such immovable property [Section 50C]
Stamp duty value on the date of agreement may be adopted as full value of consideration of immovable property, being land or building or both, if whole or part of […]
Cost of acquisition of asset, whose fair market value has been taken into account for the Income Declaration Scheme, 2016 [Section 49(5)]
Cost of acquisition of asset, whose fair market value has been taken into account for the Income Declaration Scheme, 2016 [Section 49(5)] Relevant from: A.Y.2017-18 (i) Income Declaration Scheme, 2016: […]
Redemption by an individual of sovereign gold bonds issued by RBI not to constitute transfer for the purpose of levy of capital gains tax [Section 47(viic)] Related amendment in section: 48
Redemption by an individual of sovereign gold bonds issued by RBI not to constitute transfer for the purpose of levy of capital gains tax [Section 47(viic)] Related amendment in section: […]
Transfer of units by unit holders on consolidation of plans within a mutual fund scheme not to be regarded as transfer [Section 47(xix)]
Transfer of units by unit holders on consolidation of plans within a mutual fund scheme not to be regarded as transfer [Section 47(xix)] Effective from: A.Y. 2017-18 (i) Exemption for […]
Total value of assets of a private company or unlisted company not to exceed ` 5 crore in any of the three preceding previous years for exemption of transfer of capital asset or intangible asset on conversion of such company into LLP [Section 47(xiiib)]
Total value of assets of a private company or unlisted company not to exceed ` 5 crore in any of the three preceding previous years for exemption of transfer of […]
Period of holding of unlisted shares to qualify as a long-term capital asset to be reduced from “more than 36 months” to “more than 24 months” [Section 2(42A)] Effective from: A.Y.2017-18 :
Period of holding of unlisted shares to qualify as a long-term capital asset to be reduced from “more than 36 months” to “more than 24 months” [Section 2(42A)] Effective from: […]
Allowability of Employer’s Contribution to funds for welfare of employees paid after the due date under the relevant Act but before the due date of filing of return of income under section 139(1) [Circular No.22/2015 dated 17-12-2015]
Allowability of Employer’s Contribution to funds for welfare of employees paid after the due date under the relevant Act but before the due date of filing of return of income under section […]