Property Matters | Income Tax Return | CA in Mumbai | CA Capital Gains

Property Matters (3)

Property Matters | Income Tax Return | CA in Mumbai | CA Capital Gains

Easy Steps for getting Lower Withholding certificate India 2021

How you can apply for a Nil Tax Certificate or Lower Withholding certificate in India? We will discuss the Easy Steps for getting Lower Withholding certificate India 2021. When a taxpayer believes that its total income justifies withholding of tax at a lower rate,…

Capital Gains Tax in Redevelopment

One of my clients recently reached out to me with a unique situation. His inquiry was primarily around Capital Gains Tax in Redevelopment His case details as follows: My father had purchased a pagdi room in the 1968 in Mumbai suburbs. Building went into redevelopment…

Taxablity of Cash Compensation Received On Redevelopment

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…