Exemptions related to Capital Gains
by Taxpayers can avail of long-term capital gains exemption under Section 54F, if they sell any type of capital asset (other than a residential house) like …
Tag: Casual Income
Tax Planning for New Business with reference to Form of Business
Tax Planning for New Business with reference to Form of Business
Progressive, Proportional and Regressive Taxes
Proportional Taxes: Taxes in which the rate of tax remains constant, though the tax base changes, are called proportional taxes. Here, the tax base may …
The Division of Tax burden
The burden of the tax can be transferred to others through a process of shifting. It may be noted that the whole burden of the …
Income Tax Authorities: Their Appointment, Jurisdiction, Powers and Function
Income Tax Authorities: Their Appointment, Jurisdiction, Powers and function
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