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The taxpayer should have capital gains from the sale or transfer of assets specified in Sections 54 to 54GB. The CGAS scheme is applicable only to Indian residents. Heres how one can open an account. ....
The law offers a once-in-a-lifetime opportunity to claim an exemption under section 54 for buying two residential houses provided the taxable long-term capital gains on the sale of the residential house do not exceed Rs 2 crore ....
Many changes were announced in the Budget 2023 as well as during the year in 2023 by the Central Board of Direct Taxes (CBDT). These changes not only impacted your 2023 but will also impact your 2024 especially at the time of filing income tax return. Read on to know more about it. ....
Executing the sale deed at the actual value of the transaction and paying the differential amount of stamp duty in cash may require explanation of the source of the cash. Accepting the money online would still require explanation of the nature of the transaction ....
Tax Query: How to Withdraw Capital Gains Proceeds After Paying Tax thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.