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About 72 results for "stcg"

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 CAclubindia, 2 weeks 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 ...
 CAclubindia3 weeks ago

Tax implications on stcg on sell of listed shares

In case of an residant individual, What are the tax implications on both the below cases ? Case 1: Gross Salary income : Rs 2,75,000 Income from Other Sources :Rs 10,000 Deduction under 80 C : Rs 1,50,000 short term capital gains ...
 CAclubindia1 month 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 ...
 CAclubindia6 days ago Changes in ITR 2 New Form (22nd June 2015)  CAclubindia1 week ago

First Trust Energy Infrastructure Fund Issues Notice Regarding June 2015 Distribution

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 exemptive ...
 BioSpace2 weeks ago FINANCIAL FEDERAL : First Trust Energy Infrastructure Fund : Issues Notice Regarding June 2015 Distribution  4 Traders2 weeks 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, ...
 CAclubindia3 weeks 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
The Freepress Journal

REITs & InvITs: Retail investors get ready

12:24 am A relatively new instrument that is slated to emerge in the retail investment segment is the Real Estate Investment Trust or REIT. These Trusts are structured like MFs, except that they are related purely with real estate. Some of them ...
 The Freepress Journal1 month ago

Borrowing cost whether part of purchase cost of equity share

Dear Forum I would like to require a guideline as to whether the borrowing cost of acquiring shares will form a part of cost of acquisition while these shares could be sold of in short term generating
 CAclubindia1 month ago How to calculate the indexed cost of property acquisition  Livemint.com1 month ago

Deductions are available to offset tax on rent income

I live and work in London, but have an apartment in Bengaluru, which I have let out. Will the rent be taxed? —Adamya Arora Rental income is subject to tax as income from house property. Taxable value is the higher of amount reasonably ...
 Livemint.com1 month ago
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