Tag: Long-Term Capital Gain

Cost Inflation Index set higher at 363, long term capital gain to be lower on land, trademarks, patents

Crime Today News - 25/05/2024

[ad_1] Long-term capital gain liability on the sale or transfer of any capital asset, such as land, property, trademarks and patents is expected to be lower this year as Cost Inflation Index (CII) for Financial Year 2024-25 has been fixed...

Mauritian firm holding TRC entitled to treaty benefits, says ITAT

Crime Today News - 22/03/2024

[ad_1] Capital gains on transfer of shares acquired prior to April 1, 2017, are not taxable under Double Taxation Avoidance Agreement (DTAA) between India and Mauritius due to ‘grandfathering provisions’, Delhi Bench of Income Tax Appellate Tribunal (ITAT) said.Also read:ESPN...