Capital gain tax,Types of capital gain,Types of Capital Asset,Long Term Capital Gains,Short Term Capital Gains,Capital Gains on sale of property,Calculation
Under section 54 of the Income Tax Act, it is stated that if the seller of a residential property acquire another property from that amount he or she gets benefits in capital gains tax.
CII or Cost Inflation Index refers to the numbers issued by the Income Tax Department in each year’s budget depicting the level of inflation for the relevant Financial Year.
How to calculate income tax on the sale of inherited property? Read about the concept of taxation under Hindu Succession Act & tax benefits on ancestral property.
What is the applicable income tax on dividend? Read about the sources of dividend & how income tax is charged when received from domestic & foriegn company.
What is section 50B & slump sale? Learn here how to calculate capital gains u/s 50B & tax rates in case of slump sales & how slump sale is different from the intemised sale?
Introduction of Section 50C, a detailed analysis of its sections, provisions and taxability. Learn more about Capital Gains on sale of immovable property in this detailed guide by Tax2win.
Do you know the taxability of sale of agicultural land? How to compute capital gains on sale if agricultural land, exemptions available & conditions to claim exemptions under section 54B.
Short term capital gain under section 111A: Since short term capital gains accrued through equity-oriented funds fall under Section 111A, a rate of 15% would be levied as tax on such gains.
Tax on Gold Jewellery in India - However, according to the Income Tax rules, there is a limit on how much gold one can keep at home. Read more aboout it.