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Capital Gains
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Selling Property or Shares? Here’s How You Can Save Tax Under New Capital Gains Exemption Rules
The Income Tax Department has released an updated reference guide outlining the various capital gain exemptions available on capital gains under the Income Tax...
Direct Tax
Delhi High Court Quashes Rs. 20 Crore Capital Gains Addition Over Pre-Circle Rate Property Deal
Court Rules Section 50C of Income Tax Act Not Applicable as Agreement to Sell Was Executed Before Rate Hike.
Direct Tax
Compensation For Compulsory Acquisition Of Landed Property Is Income Under Capital Gains: Kerala High Court
The Kerala High Court has held that amount received as compensation for compulsory acquisition of landed property is income under capital gains.The bench of...