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Does Transfer of the cryptocurrencies to the international crypto wallets of the third parties fall under the ambit of the Benami Transactions? A plain reading of definition of Benami Transaction makes it seem plausible that the Transfer of the cryptocurrencies to the international crypto wallets…
Today we shall discuss about Capital Gains from Unlisted Shares India 2021. One of the clients was in possession of unlisted shares. He sold these unlisted shares and invested entire proceeds in buying his first ever residential property. His query was what kind of tax…
Most people dread about receiving Income Tax Notices and are in state of Panic when they receive one. Today we shall focus on Income Tax Notices and Assessment Proceedings India 2024. The 'assessment order' means computation of total income plus determination of tax. According to the assessee,…