Income from sale of property subject to capital gains tax
I am a non-resident Indian (NRI) and want to purchase property in India. Later on, if I want to sell...
Now you can save tax by investing your Capital Gains before 31st August
If you sold a capital asset during the financial year 2014-15 and have not yet invested the proceeds...
Can I claim renovation expenses as a deduction while calculating capital gains?
At the time of calculating capital gains, expenses incurred towards renovation or cost of improvemen...
Did you roll over your FMP post 10th July
As per the Budget announcements for financial year 2014-15, any Debt Fund sold after 10th July 2014 ...
Did not invest capital gains of financial year 2014-15? There’s still time!
Tax on long term capital gains on sale of a house property can be saved by investing them in a new h...
High Court Verdict On Taxability Of Development Agreements + Buy-Back Of Shares Expenditure
CIT vs. Chemosyn Ltd (Bombay High Court) (i) Even if gains have accrued on execution of the developm...
My only income is from selling shares, do I need to pay tax?
We all know that Income from salary, rental income and business income is taxable. But what about in...
Tax on capital gains payable while filing IT return
Gold ETFs are listed on stock exchanges and can be traded just like a stock. One can buy and sell th...
Tax Implications for NRIs who want to Sell Property in India
NRIs who have sold house property which is situated in India have to pay tax on the Capital Gains. T...
How to save tax on Capital Gains on Sale of Agricultural Land
Many users write to us to find out how they can save tax on capital gains that arise when their pare...