indexation
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"indexation"
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"indexation"
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Latest blogosphere posts tagged “indexation”
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Foreign Foreign companies or individuals, including FII can enjoy lower capital gain tax
LEGAL & FINANCIAL UPDATES FROM TAX GURU —
Authority: 452
According to a recent decision of the Mumbai bench of the Income Tax Apellate Tribunal, non-resident companies and individuals are entitled to a beneficial rate of tax of 10% on long-term capital gains arising from the sale of shares of listed... [[ This is a content summary only. Visit my website www.taxguru.in for ...2 weeks ago -
Indexed cost of gifted assets has to be determined with reference to previous owner
LEGAL & FINANCIAL UPDATES FROM TAX GURU —
Authority: 452
The assessee transferred a capital asset which was received by her by way of gift on 1.2.2003. The previous owner had acquired the capital asset on 29.1.1993. In computing capital gains, the assessee claimed that the indexed cost of acquisition had... [[ This is a content summary only. Visit my website for full ...3 weeks ago
