TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Finance Bill 2019 amends Section 43CA of Income-tax Act to allow asset transfer via electronic modes.</h1> Clause 14 of the Finance (No. 2) Bill, 2019 amends section 43CA of the Income-tax Act, specifically sub-section (4). This amendment allows the consideration for the transfer of assets, other than capital assets, to be received not only through a bank account but also via other prescribed electronic modes. This change applies when the agreement date and registration date differ, using the stamp duty value on the agreement date. Effective from April 1, 2020, this amendment is relevant for the assessment year 2020-2021 and subsequent years.
TaxTMI 
TaxTMI 
