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Capital Gains Tax on Redevelopment Definitions Capital Asset as per the Income Tax Act, 1961 Section 2(14) — a) property of any kind held by an assessee, whether or not connected with his business or profession. Section 2(47) "transfer", in relation to a capital asset,…
What is Annual Information Statement (AIS)? The Annual Information Statement (AIS) is a recently introduced system by the Income Tax Department. It serves as an information repository for taxpayers, providing insights into their financial transactions throughout a given year. This comprehensive statement encompasses various financial…
The number of visas you need for your business in the UAE depends on various factors, including the type of business entity, the nature of your business activities, and the specific requirements of the emirate where you are establishing your company. Here are some general…