income tax law

What are the provisions relating to computation of capital gain in case of transfer of asset by way of gift, or through Will, etc.? || Capital Gain on Gifted Assets

Capital Gain on Gifted Assets Capital gain arises if a person transfers a capital asset. (land, building or jewelry or…

7 years ago

Who is covered by tax audit (As per Section 44AB)? ||Tax Audit Applicability ||Work-in progress does not constitute ‘Turnover/Gross sales’ within the meaning of section 44AB of Income tax ||Section 44AB of income tax applicable to only business Income

Who is covered by tax audit ? FAQ deals with Income Tax  Audit Provisions in India. As per section 44AB,…

7 years ago
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