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About 54 results for "stcg"

Stcg on sale of property

Hi, I have sold a house which is applicable for STCG. In order to calculate my tax liability, is the following formula correct? Tax liability = (Sale price) - (1% TDS as deposited by buyer) - (cost of acquistion) - (stamp duty paid in ... CAclubindia, 3 weeks ago

Stcg of private discretionary trust.

We have a private discretionary trust taxable at maximum marginal rate. Whether STCG on sale of listed shares will be taxed @ 15% or maximum
 CAclubindia1 month ago

Stcg - sale of property

Hi, I am contempleting selling the existing and purchasing a bigger flat in the same society. I purchased the flat about 12 months ago. I need to understand my STCG Liability. Cost of Acquisition: 1.2 Cr (Incl. of Base Rate (96L) + Stamp ...
 CAclubindia1 month ago

Olympic Double: Beijing wins 2022 Olympics, 1st city awarded both summer and winter games

KUALA LUMPUR, Malaysia - The Beijing bid delegation had no sooner finished their congratulatory hugs and handshakes after being awarded the 2022 Winter Olympics than criticism from human rights groups over the IOCs decision began to pour in. After a ...
 Demanjo16 hours ago Reaction to Beijing winning the vote as host city of the 2022 Winter Olympics  Demanjo19 hours ago Beijing chosen to host 2022 Winter Olympic Games  Demanjo22 hours ago
NDTV Profit

How Losses Can Help in Maximising Tax Benefits

It is that time of the year again when most of us have to file our income tax returns. While doing so, we should keep in mind that loss from a source of income can be helpful in maximizing tax benefits. Income tax laws in India allow the adjustment ...
 NDTV Profit3 days ago How Losses Can Help in Maximizing Tax Benefits  NDTV Profit2 days ago

First Trust Energy Infrastructure Fund Issues Notice Regarding July 2015 Distribution

WHEATON, Ill.--(BUSINESS WIRE)--Jul. 15, 2015-- The Board of Trustees of First Trust Energy Infrastructure Fund The Fund has declared a distribution payable on July 15, 2015, to shareholders of record as of July 6, 2015, with an ex-dividend date ...
 Bloomberg2 weeks ago FINANCIAL FEDERAL : First Trust Energy Infrastructure Fund : Issues Notice Regarding July 2015 Distribution  4 Traders2 weeks ago

Capital gains from sale of inherited property is taxed

I inherited a property about a month back and I want to sell it now. What will be the tax liability? Also, if I am planning to buy a new property, what is time period within which I should make the purchase so that there is minimum tax incidence? ...
 Livemint.com3 weeks ago

Imp changes in ITR 1,2,2A and 4S

FEW IMPORTANT CHANGES IN ITR 1, ITR 2, ITR 2A AND ITR 4S IN AY 2015-16 AS NOTIFIED IN NOTIFICATION NUMBER 49/2015 DATED 22.06.15:- CBDT has vide Notification No. 49/2015 Dated 22.06.2015 notified Form ITR-1, ITR-2 and ITR-4S for Assessment Year ...
 CAclubindia1 month ago Changes in ITR 2 New Form (22nd June 2015)  CAclubindia1 month ago

Interest u/s 234b and 234c for partnership firm

Dear all, While doing the audit of F.y 14-15 of the partnership firm, it was realised that short term capital gain relatingto F.Y 13-14 was omitted to be recored in books of accounts.. I want to know if i revise the return of inconme of F.y13-14, ...
 CAclubindia1 month ago

Entertainment allowance is taxed as salary for the employee

I had earned income from sale of shares during the financial year (FY) 2014-15. This was apart from salary. What will be the amount of tax on this? —Ashwin Raman We have assumed that the shares you had sold are of Indian listed companies.
 Livemint.com1 month ago
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