Any capital gain on transfer of capital asset which is situated in India shall be taxable in India. Capital Gains on investments in India in shares, securities shall also be taxable in India. If you sell a house property and have a long-term capital gain, the buyer shall deduct TDS at 2...
Capital Gain on sale of property Gift Cases Other Sources Order Now PLAN CForeign Income Included₹ 4,499/- EVERYTHING OF PLAN A+B & Income earned out of India NRI or NRO cases DTAA Guidance Order Now Pricing for Small Business For Individual Self Employed, Freelancers & Small Traders PL...
Hi all,It was a pleasure to talk to you on my Facebook page yesterday, and answer your income tax and tax saving investment related questions.I am glad that I could be of help, and we would definitely have more such sessions before the end of the investment season. A background …[Re...
ITR FY 2018-19 80TTB for Senior Citizens for Interest From FD & RD for 50,000 Long Term Capital Gain(LTCG) on equityis introduced.Long Term Capital Gains(LTCG) at 10% on gains of above Rs 1 lakh from Equity & Equity mutual fundshas to be shown in ITR form. Entering Salary break u...
(d) Income from any source outside India (Dividend, interest, or capital gain). "Any non-disclosure of the above information in the ITR may result in levy of penalty of Rs 10 lakh under Section 43," says Wadhwa. Sometimes individuals are of...
Deemed short term capital gain, if any as computed in schedule DPM and DOA has to be entered into schedule DCG. (d) Schedule ESR: Deduction under section 35 (expenditure on scientific research): In column (2) of this schedule, please furnish the details of deduction to which you are ...
Leases of property, plant and equipment where the Group has substantially all the risks and rewards of ownership are classified as capital leases. For capital leases, the present value of the future minimum lease payments at the inception of the lease or fair value which ever is less is ...
Depreciation and amortization Gain from disposal of property, plant and equipment Gain on disposal of subsidiaries and associates Equity in net income of investees Deferred income tax Bad debt expense Inventory obsolescence provision Stock based compensation Change in liability for uncertain tax positions ...
on cash and cash equivalents INCREASE IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS, beginning of the year CASH AND CASH EQUIVALENTS, end of the year CASH PAID DURING THE YEAR FOR: Interest, net of amounts capitalized Income taxes NON-CASH ITEMS: Equipment acquired under capital lease...
Leases of property, plant and equipment where the Group has substantially all the risks and rewards of ownership are classified as capital leases. For capital leases, the present value of the future minimum lease payments at the inception of the lease or fair value which ever is less is ...