In the world of business reorganization, a slump sale plays a crucial role in simplifying transactions involving the transfer of an entire undertaking. Understanding the slump sale provisions in Indian…
The Income Tax Act of India offers provisions to set off and carry forward losses under different heads of income, including loss from house property and capital gains. Understanding these…
Capital gains taxation is a significant aspect of the Income Tax Act, particularly for individuals and entities engaged in the transfer of capital assets. Section 48 of the Income Tax…
The conversion of a private company or an unlisted public company into a Limited Liability Partnership (LLP) is a common strategy for businesses looking to benefit from the flexibility and…
When it comes to business reorganization, mergers, or demergers, one critical aspect that companies need to understand is the tax implications of transferring capital or intangible assets. Sections 47(xiii) and…
In the realm of corporate finance and taxation, understanding the nuances of capital gains is essential, especially when it involves transactions such as a company buying back its own shares.…
Capital gains tax is a crucial component of the Indian tax system, impacting investors, businesses, and individuals alike. Its history is both rich and complex, reflecting the dynamic nature of…
Capital gains taxation is a crucial aspect of financial planning, particularly for individuals and entities involved in the transfer of capital assets. The Income Tax Act of India provides detailed…
In the dynamic world of business, restructuring and reconstitution of entities such as partnerships or other specified entities are common practices. However, these activities come with significant tax implications, particularly…
Capital gains taxation is a significant aspect of income tax that impacts anyone involved in the transfer of capital assets. Section 45 of the Income Tax Act, 1961, provides the…