Property Matters | Income Tax Return | CA in Mumbai | CA Capital Gains
There are many benefits of filing income tax returns before the due date. Majority of banks ask for a copy of income tax returns for at least three consecutive years to sanction a loan. So if you are planning to take a loan in the…
What is Capital Gains Bond? Capital gains bond is a type of bond issued by the government of India as a means of providing tax benefits to investors who have incurred capital gains tax liabilities. Under Indian income tax laws, when an individual or entity…
In this post we will discuss the Taxablity of Cash Compensation Received On Redevelopment. In the matter of Jitendra Kumar Soneja vs. ITO, [2016]161ITD269(Mum) the Income Tax Appellate Tribunal ("ITAT"), Mumbai, dealt with the issue of the tax treatment of any cash compensation received by an…