Long Term Capital Gains-Exemption u/s 54F Long Term Capital Gains from all capital assets attract a special rate of income tax. Long Term Capital Gains may result from a transaction of sale which in itself may not be in the nature of a regular sou
Benami transactions People generally ask whether he or she can purchase a property in the name of a person who may be a relative, friend or an employee etc. Acquisition of a property in the name of a person other then the one paying the considera
Commercial Coaching – Taxability and Exemptions from Service Tax ‘Commercial Training or Coaching’ services were brought into the Service Tax net w.e.f. 1st July 2003. Notification No. 9/2003-ST effective from 01/1/2003 exempted th