Infoniatic

Rule 11UAE of the Income Tax Rules, 1962 prescribes provisions regarding computation of Fair Market Value (FMV) of capi…

As per section 2(42C) of the Income Tax Act 1961, slump sale means the transfer of one or more undertaking, by any mean…

Section 45(1) of the Income Tax Act, 1961 is considered to be the charging section of income under the head 'Capita…

Section 55 prescribes provisions regarding determination of cost of improvement of a capital asset for the purpose of c…

Section 55 prescribes the provisions regarding determination of cost of acquisition of a capital asset for the purpose …