#section 45
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383 articlesIncome Tax

Income Tax
Income arising from sale of shares to be taxed as ‘Long term capital gain’ and not as ‘Income from other sources’
Income Tax

Income Tax
Sum received on surrender of tenancy right is capital receipt and hence, not taxable
Income Tax

Income Tax
Whether, for computation of capital gains on land sold by NRI, the fair market value of the land is to be reckoned with rather than the full value of the consideration received
Income Tax

Income Tax
In view of the provisions of section 112 where there are several transactions of sale and purchase of securities, the discretion to take the benefit of indexation lies with assessee
Income Tax

Income Tax
