Where to show SALE OF SHARES in Income Tax Return I Business Head or Capital Gains Head I CA Satbir Taxpayer have earned profit from the sale of listed shares which were kept for more than 12 months. Will it be treated as capital gain or business profit?
New Tax Information Portal Launched by CBIC I CA Satbir Singh
TIN Number in Income Tax Return of NRI I CA Satbir Singh
Income Tax Return Filing Mandatory for MINOR CHILD I CA Satbir Singh
Income Tax Return Filing Mandatory for Housewife I CA Satbir Singh
Ministry of Finance Income Tax Department conducts search operations in West Bengal Posted On: 06 DEC 2021 The Income Tax Department initiated a search and seizure operation on a prominent Kolkata-based Group, engaged in manufacturing of TMT Bars and structural construction materials etc. on 01.12.2021. The search action covered more than 20 premises spread over West Bengal and… Read More »
Ministry of Finance Income Tax Department conducts search operations in Delhi Posted On: 06 DEC 2021 1 The Income Tax Department initiated search action on 24.11.2021 on a taxpayer in Delhi who has created a beneficiary trust and an underlying company in low tax overseas jurisdiction. The residence and business premises of the assessee were covered in… Read More »
NO ITR for Specified SENIOR CITIZENS I CA Satbir Singh
How to Claim Credit of Foreign Tax Paid in Income Tax Return in India I CA Satbir Singh Credit of Taxes paid Outside India /Foreign Tax Credit If a person had paid taxes in a foreign country while doing project work for 4 months. How can he claim credit for the same in Income Tax… Read More »
New order on Withdrawal of Income Tax Exemption if Charitable Trust charges Fees I CA Satbir Singh Download Order Click here