Direct Taxation

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Direct Taxation - Total results - 3
Proposal to rollover capital gains for two properties is deeply flawed: Don't uncork bubbly yet, there is a catch here
Business

Proposal to rollover capital gains for two properties is deeply flawed: Don't uncork bubbly yet, there is a catch here

Instead of putting an Rs 2 crore cap on long-term capital gains, a cap should have been put on the selling price of the original house at say Rs 4 crore.

Income Tax Return filing: Why the last fortnight of July would strain the ITR server like never before
Business

Income Tax Return filing: Why the last fortnight of July would strain the ITR server like never before

Things have changed tremendously from the assessment year 2018-19 onwards insofar as the penalty regime for late filing of return is concerned.

A four-point check list for Budget 2017: How to deal with the nervous excitement
Business

A four-point check list for Budget 2017: How to deal with the nervous excitement

More than demonetization’s ability to recover vast quantum of black money in the short span, its ability to increase the base for in-direct taxes in future is more appealing.