Infoniatic

Where any partner/member receives any capital asset or stock in trade from firm/AOP/BOI at the time of dissolution or r…

Section 45(4) of the Income Tax Act 1961 prescribes provisions regarding taxation of capital gains on transfer of asset…

The income chargeable under the head Capital Gains shall be calculated as under: Full Value of Consideration (FVOC) rec…

In case of Individual (having less than 60 years of age), HUF , AOP , BOI , Artificial Juridical Person (Resident as …

Section 50D of the Income Tax Act 1961 prescribes provisions for calculation of capital gains in a case where the consi…

Section 50CA of the Income Tax Act 1961, prescribes provisions for calculation of full value of consideration in case o…

Where any person holds any securities, he is considered to be the beneficial owner of such securities and not the regis…

Section 45(3) of the Income Tax Act 1961, prescribes provisions for taxation of capital gains on transfer of a capital …

Section 10(10D) of the Income Tax Act, 1961 prescribes exemption from tax on sum received on maturity of an insurance p…

Section 45(1A) of the Income Tax Act 1961, provides for taxability of capital gains on insurance claim received on acco…

As per clause (via) of section 28 of the Income Tax Act 1961, the fair market value of stock in trade/inventory as on t…

Section 45(2) of the Income Tax Act 1961 prescribes provisions regarding capital gains taxability in case of conversion…

Section 55A of the Income Tax Act 1961, prescribes provisions regarding reference to Valuation Officer. With a view to …

Income Declaration Scheme, 2016 was introduced by the government in 2016 which provided an opportunity to the people to…

Section 112 of the Income Tax Act 1961 prescribes provisions regarding taxation of long term capital gains arising to a…

Section 111A of the Income Tax Act, 1961 prescribes provisions regarding taxation of specified short term capital asset…

Section 112A of the Income Tax Act 1961, prescribes provisions for taxation of specified long term capital asset. The s…

Section 10(37A) of the Income Tax Act 1961, prescribes exemption from Capital Gains, on transfer of specified capital a…

As per clause 47 of section 2 of the Income Tax Act, 1961 "Transfer" in relation to a capital asset, means S…