Capital Gains-Not to be charged on investment in certain bonds(Effect of section 50C)
Bond Investment should be on CG derived as per 50C value
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Bond Investment should be on CG derived as per 50C value
Assesse filed its return declaring certain taxable income. Assessing Officer completed the assessment under section 143(3). After expiry of four years from the end of the relevant year, the Assessing Officer received Information from the Investigation wing that ‘N’ Ltd. was a penny stock listed in BSE which was used to facilitate the introduction…
Share Premium Received from Non-Resident is not taxable under Income tax Act.
Recent amendments on property related matters