Searched for
LTCGS
ITAT validates set-off of STCLs against LTCGs, affirming taxpayer rightsThe ITAT upheld the legitimacy of setting off short-term capital losses against long-term capital gains, dismissing the tax department's cl...- Sensex, Nifty flat as Nirmala Sitharaman begins her 7th Budget speechStock markets hold their breath as Finance Minister unveils budget! Will job creation and consumption boost sectors? Experts predict record...
- Investors in penny stocks may get court relief to reduce tax burden if trades proved genuineThe income tax department views the sale of proceeds of such shares as “unexplained cash credit” or “unexplained money” subjecting it to a ...
- ‘Non-deposit of LTCG cannot lead to denial’Under section 54 of the Income-Tax (I-T) Act, long-term capital gains (LTCGs) arising to an individual from sale of a residential property ...
- Non-deposit of LTCG cannot lead to denial, rules Income Tax Appellate TribunalThe new residential house is to be purchased either one year before or two years after the transfer of the original property that was sold....
- Will keep an eye on govt borrowing programme this Budget, says Andrew Holland“The Fed is really making some policy mistakes and it will pivot sometime in the first half this year”
- Should retail mutual fund investors choose ETFs and FoFs?There are many Exchange Traded Funds (ETFs) and Fund of Funds (FoF)s in the market and they are attracting the attention of media these day...
- Allotment letter adequate proof of investment in flat: ITATThis decision is important as a taxpayer is entitled to a deduction from long term capital gains (LTCGs) made on sale of a house property, ...
- Capital gains tax exemption available even if loan used for new house: ITATCapital gains are taxable under the Income-tax Act. If on sale of a residential house, the taxpayer makes a profit, then such profit is tre...
- LTCG makes filing I-T returns toughLTCGs of more than Rs 1 lakh on the transfer of listed shares and units of equity mutual funds are taxable from FY 2018-19 onwards.
- LTCG: Gains and losses since Modi govt’s first budget of 2014From April 1, 2018, LTCGs in excess of 1 lakh arising on sale of listed equity shares, equity-oriented mutual funds held for more than 12 m...
- Budget 2019: Sell a house and buy 2, with LTCG blessingsUnder the new Budget provisions, if a taxpayer has LTCGs of up to Rs 2 crore arising from the sale of a residential house, she can avail th...
- Cost of house to include furniture for Income-Tax reliefThe ITAT bench pointed out that the NRI buyer was an unwilling party to artificially splitting up the sale transaction. The actual benefici...
- Booking under-construction flat not a purchase, merits tax reliefUnder section 54 of the I-T Act, the period prescribed for investing the LTCGs in a new house is two years from the date of sale of the old...
- You can avail tax benefits on capital gains invested more than once for new houseIf a taxpayer owns more than one house, other than the 'new' residential property, on the date of transfer of the original assets, I-T bene...
- Cheque encashed by builder after I-T return deadline? You can still claim tax exemption, says tribunalTax experts say this does not apply to post-dated cheques. Builders typically ask for post-dated cheques, if a flat is booked during the co...
- Bitcoin sale profit is taxable capital gains for investorTax authorities in many countries, such as the US, treat bitcoins a capital asset in hands of investors, with the sale resulting in a capit...
- Indexation helps you to save taxes on long-term debt mutual fundsMost investors forget to include the most important factor in their calculations: indexation benefit.
- Section 54 EC of I-T Act: Assessee, minor children eligible for separate tax exemptionThe clause exempts long term capital gains up to Rs 50 lakh if they are reinvested in prescribed securities.
- Esops could prove taxing for employeesEmployee stock options are not likely to be as tax friendly with the introduction of FBT.
Load More
