The case of Ashbury Railway Carriage & Iron Co. Ltd. v. Riche is a landmark decision in company law, particularly concerning the ultra vires doctrine.
Explore the complexities of filing GST appeals when rectification applications are involved. Learn how conflicting timelines and rulings impact taxpayers’ rights.
Explore SEBI’s consultation paper proposing enhanced regulations for secretarial compliance, auditor appointments, and related party transactions of listed entities. Share your views by 28th Feb 2025.
Capital gain is considered as the gain/profit on sale of property which is arrived at by deducting the Purchase Price from its Sale Price and the tax is to be paid on that gain which is termed as Capital Gain tax. There are two types of gains that arise on Sale/transfer of property and those are Short term Capital Gain (STCG) and Long term Capital Gain (LTCG).