I-T dept clarifies acquisition cost of real estate bought before 2001 for LTCG calculationsThe Indian Taxation Service (I-T) has announced that the cost of acquisition for real estate properties purchased before 2001 will be the f...
26 Jul, 2024, 05.05 PM IST
I-T dept to soon notify modified valuation rules, investor classes for taxing foreign investments in unlisted cosThe Income Tax Department will soon notify rules specifying the class of investors and norm of valuation for implementation of the Budget p...
27 Apr, 2023, 07.42 PM IST
I-T dept to come out with modified valuation norms for taxing foreign investments in unlisted cosThe Finance Bill, 2023 has proposed amending Section 56(2)(viib) of the I-T Act, thereby bringing overseas investment in unlisted closely h...
12 Feb, 2023, 01.47 PM IST
What is 1% TDS on crypto trade and how will it impact you?While the industry players see this move as one of the most controversial provisions over the crypto taxations, the government believes tha...
29 Apr, 2022, 08.23 PM IST
Key takeaways from newly notified anti-abuse rules for tax valuation of slump saleThough seemingly well intentioned, the FMV Rules for slump sale had the potential to create enormous uncertainty for taxpayers if they were...
27 May, 2021, 03.18 PM IST
ITAT: Indirect transfer of Indian assets will not attract LTCG taxThe decision comes as a relief to foreign funds and entities being subjected to tax demands for earlier years, according to experts.
20 Oct, 2020, 07.43 PM IST
Filing LTCG on stocks in I-T returns to be trickyThe ITR form allows only consolidated figures instead of reporting each transaction separately.
13 Jun, 2019, 09.30 AM IST
How to calculate LTCG on equity mutual funds after re-categorisationWhen a scheme is merged, you will not be taxed on the long and short term gains you will make whenever you will sell the units. Further, me...
25 Apr, 2018, 03.25 PM IST
Unlisted ESOP shares may face higher LTCG tax post listingLack of clarity in budget proposals muddles outcome for employees after listings as ESOPs are a useful tool for hiring talent, especially f...
06 Mar, 2018, 03.01 PM IST
How proposed tax on long-term capital gains will be calculated for bonus, rights issue sharesAs per the FAQs on LTCG, FMV will be taken into account for the purpose of calculation of cost of acquisition to compute tax on bonus and r...
14 Feb, 2018, 03.49 PM IST
- Budget 2012: A complete guide to corporate tax
Partnership firms, sole proprietorships, association of persons claiming tax holiday shall have to pay minimum tax @ 20.01% if the adjusted...
17 Mar, 2012, 11.13 AM IST
- Fujitsu unveils 'world's first' glasses-free 3D PC
The Esprimo FH99/CM desktop PC has its liquid crystal display covered by a conversion panel enabling viewers to see three dimensional image...
12 Jan, 2011, 05.24 PM IST
- Taxability of Esops for globe trotting staff not clear
Our expert Vikas Vasal, Executive Director, KPMG offers tips on various tax-related issues.
19 Aug, 2010, 02.50 AM IST
- Keep in mind valuation rules while gifting property
Our Expert offers tips on various tax-related issues in this weekly Column.
22 Apr, 2010, 01.28 AM IST
- CBDT tags gifts for taxation
It's time you looked that gift horse in the mouth, or so the new valuation rules decree.
14 Apr, 2010, 02.34 AM IST
- FBT on ESOPs: The imbroglio is not over yet
Tuesday’s CBDT rules for valuation of fair market value on ESOPs fail to address a host of issues.
25 Oct, 2007, 03.02 AM IST
- FBT maths adds relief to unlisted firms ESOP
In case, the company is not listed, FMV will be the value of share determined by a merchant banker and would be valid for 180 days. Copycat...
24 Oct, 2007, 03.16 AM IST