6- INCOME FROM OTHER SOURCES (TAXABILITY OF KEYMAN INSURANCE POLICY & RESIDUAL INCOME) 7- INCOME FROM OTHER SOURCES (SECTION 57,58,59 & 145) TOPIC - 6 1- CAPITAL GAINS (BASIS) (PART-1) 1- CAPITAL GAINS (BASIS) (PART-2) 2- CAPITAL GAINS (SECTION- 2(47) 3- CAPITAL GAINS (SECTIO...
transferofaCapitalAssetischargeabletotax underthehead“capitalgains”.Itisdeemedtobe incomeofthepreviousyearinwhichtransferof capitalassettakesplace. Besidesabove,CapitalGainalsoariseundercertainspecified circumstancesviz (i)ConversionofAssetintoStockinTrade ...
(if applicable) and do not take into account the effects of sales charges for these categories (Consistent Return, Preservation, Total Return, Expense, and Tax Efficiency) as of Jan 31, 2025 out of 346, 6,103, 346, 75 and 346 Funds, respectively in Lipper's Multi-Sector Income Fds ...
Seeks current income by investing in a portfolio of tax-exempt securities so that, normally, distributions of annual interest income are exempt from federal regular income tax (federal regular income tax does not include the federal alternative minimum tax (AMT)) and the personal income taxes impos...
This section provides sustainability-related information about the Fund, pursuant to Article 10 SFDR. A. Summary The Fund promotes environmental or social characteristics, but does not have as its objective sustainable investment. The Fund invests in Sustainable Investments. BlackRock defines Sustainable...
The Internal Revenue Service (IRS) considers termination fees received by a company as part of an abandoned merger transaction to be ordinary income under Section 61 of Ltr. Rul. 200823012. Facts about two corporations with agreement that resulted to a termination due to some circumstances are ...
No. Nature of income Section Rate of tax Section code 1. Tax on accumulated balance of recognised 111 To be computed in 1 provident fund accordance with rule 9(1) of Part A of fourth Schedule 2. Short term capital gains 111A 10 1A 3. Long term capital gains (with indexing) 112 20 ...
5. In case of discontinued business [Section 176] A business or profession may be discontinued during an assessment year. In such cases the income of the period from the expiry of last previous year till the date of discontinuation may be assessed to tax in the current assessment year at th...
This section provides sustainability-related information about the Fund, pursuant to Article 10 SFDR. A. Summary The Fund promotes environmental or social characteristics, but does not have as its objective sustainable investment. The Fund invests in Sustainable Investments. BlackRock defines Sustainable...
(if applicable) and do not take into account the effects of sales charges for these categories (Consistent Return, Preservation, Total Return, Expense, and Tax Efficiency) as of Dec 31, 2024 out of 351, 6,102, 352, 253 and 352 Funds, respectively in Lipper's Multi-Sector Income Fds ...