Controlled Foreign Company (CFC) Rules in India for UAE (Dubai) Company 2026 This article provides a concise explanation of Controlled Foreign Corporations (CFCs)—what they are, why and how they are established, and how they are taxed. Since Indian tax law lacks specific provisions governing CFCs,…
Tax planning holds immense significance in financial management, particularly for Crypto Professional & Investors. Going solo without seeking advice can lead to missed opportunities for tax savings, expensive penalties, and legal ramifications. Cryptocurrencies in India are categorized as virtual digital assets (VDAs) and are subject…
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,…