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 …

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…