ITAT Mumbai ruled on Neville J Pereira vs. ITO, addressing Section 54 exemption for multiple residential flats. Analysis of capital gains and judicial precedents.
Convert your company into an LLP before 31st March 2025 to carry forward business losses for 8 years. Act now before the tax benefit is reduced from April 2025.
Union Budget 2025 introduces tax reforms, including zero tax up to ₹12 lakh income, reduced TDS/TCS compliance, and exemptions on life-saving drugs and EV components.
CBI registers case against 9, including Deputy Commissioner, 2 Inspectors, and 5 CAs, for sabotaging Faceless Tax Scheme; searches in 18 locations across India.
Learn about the tax implications for NRIs selling property in India, including capital gains, TDS, exemptions, and repatriation of proceeds.
