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About 50 results for "stcg"

Unless received from relatives, income tax can be levied on gifts

Income tax is levied on any sum of money, movable property or immovable property received by an individual without consideration, except gifts received from a relative I am a non-resident Indian (NRI) based in Sydney. I have some shares of an Indian ..., 2 weeks ago

1 images for "stcg"

DNA, 6 months ago

Capital gain on sale of residential property used in busines

Residential property which was owned by individual for more than 15 years and used for commercial purpose in proprietary concern now sold in F.Y.2015-2016. Depreciation has been claimed on this property in business through out these years. My ...
 CAclubindia2 weeks ago Property sale: Here's how to handle tax issue in sale of jointly-owned house  Financial Express1 month ago

Playing the stock market? Here's how to compute capital gains

Computing capital gains can be a complex and challenging task depending on the nature and the number of transactions undertaken by the assessee in a financial year. It is always advisable to take the help of an expert like a chartered accountant for ...
 Economic Times2 weeks ago Capital Gains: Some Nuances & Subtlety  The Freepress Journal1 month ago

Land development agreement - tax implication for landowner

Dear sir / ma'amI am a 16 year returnee from the UK ( for good ) and currently sitting on a land Bank which I am looking to develop using a builder. My questions are as follows :1)What type of agreement should I go for? I understand there is Joint ...
 CAclubindia3 weeks ago

Indian students are treated as NRIs under foreign exchange regulations

A student holding a non-resident ordinary (NRO) bank account in India, may withdraw and repatriate up to $1 million per financial year (FY) from her NRO account If a student is studying abroad, would she get a non-resident Indian (NRI) status? If ...
 Livemint.com4 weeks ago

Pgbp doubt

sec 41(2) states that in case of an asset on which depreciation has been allowed on SLM then, if S.P> W.D.V then balance taxed as PGBP and Sec 50A says that in case of an asset on which depreciation has been allowed on SLM then if S.P. > Actual ...
 CAclubindia1 month ago

Taxability of monetary gift from spouse

If an individual has received a gift of Rs 1 Crore from her spouse, it will not be taxable and is exempt under Income Tax Act. But suppose, she has used this amount by investing in her business and generated profits will clubbing provisions be ...
 CAclubindia1 month ago

Itr4 audit versus no audit option (equity trading)

I am a professional engineer and my main source of income is from my job salary and I fall in 30% tax slab based on my salary. In addition, I also do equity trading heavily. I have intraday profit(1 lac), equity-delivery based profit (1.2 lac) and ...
 CAclubindia1 month ago

SBI Magnum Monthly Income Plan: A Hybrid Mutual Fund Scheme - Aug 2016

Upcoming SlideShare Loading in … 5 1. Product Labelling This product is suitable for investors who are seeking*:  Long term capital appreciation and current income  Investment in equity and equity related instruments as well as fixed ...
 SlideShare.net1 month ago

First Trust Energy Infrastructure Fund Issues Notice Regarding September 2016 Distribution

WHEATON, Ill.--(Business Wire)--The Board of Trustees of First Trust Energy Infrastructure Fund (the Fund) (NYSE: FIF), CUSIP 33738C103, previously approved a managed distribution policy for the Fund (the Managed Distribution Plan) in reliance on ...
 Digital Journal1 month ago
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