Explore the tax implications on the distribution of assets to partners, retirement, and dissolution of partnership firms in India. Learn about the recent legislative changes, applicable sections, and the computation of income. Stay informed to navigate the complexities.
Gifts in India are cultural aspects handed down from generations. Learn the in-depth analysis of taxation of gifts and how lawmakers are trying to tackle the issue.
Article explains How to claim deduction under section 54EC on Short Term Capital Gain on depreciable assets held for more than 36 Months.
Clause 44 of Form 3CD Tax Audit Report which required information regarding expenses on the basis of applicability of GST.
