https://www.taxtmi.com/news?id=15833 Clarification permits an assessee to elect the initial year for claiming the deduction under Section 80IA; buyback consideration from an earlier period is to be taxed as capital gains and not as dividend; guidance distinguishes when sale of shares and securities is business income versus capital gains; and jurisdictional authorities may allow installment payment of capital gains tax in Joint Development Agreement cases with interest as prescribed. en-us Thu, 03 Mar 2016 18:50:40 +0530 Thu, 03 Mar 2016 18:50:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15833 Clarification permits an assessee to elect the initial year for claiming the deduction under Section 80IA; buyback consideration from an earlier period is to be taxed as capital gains and not as dividend; guidance distinguishes when sale of shares and securities is business income versus capital gains; and jurisdictional authorities may allow installment payment of capital gains tax in Joint Development Agreement cases with interest as prescribed. News - Thu, 03 Mar 2016 18:50:40 +0530 https://www.taxtmi.com/news?id=15833