Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
Capital gain computation - LTCG OR STCG - different demat account - ‘period of holding’ - it is mandatory to follow FIFO method when the profits on sale of shares in different circumstances is taxed at different rates, under different heads - FIFO method apply in case of multiple accounts to each of the demat account separately - gain is STCG
Capital gain computation - LTCG OR STCG - different demat account - ‘period of holding’ - it is mandatory to follow FIFO method when the profits on sale of shares in different circumstances is taxed at different rates, under different heads - FIFO method apply in case of multiple accounts to each of the demat account separately - gain is STCG
Note: It is a system-generated summary and is for quick reference only.