ITAT Kolkata allowed a woman Section 54F exemption on Rs 26 crore LTCG from share sale after she invested proceeds in ...

Selling mutual funds or shares? Learn how Section 54F of the Income Tax Act helps you save long-term capital gains tax by ...

Investors selling shares or mutual funds can claim Section 54F LTCG exemption if proceeds are invested in a residential house or plot, with timelines.

A taxpayer successfully challenged an Rs 83 lakh capital gains tax exemption denial in ITAT Mumbai. The Income Tax officer erred by reopening the assessment without specifying the Section 54F ...

This analysis explains capital asset definition, computation rules, and exemptions under the Income-tax Act. Landmark Supreme Court rulings clarify when capital gains can and cannot be ...

If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 90th part of this series, Riju Mehta talks about the tax ...

Investment in gold can happen through various avenues: physical pure gold like coins or bars, gold jewellery, or even through digital forms and investment avenues like exchange trade funds (ETFs), ...

The Tribunal ruled that reassessment completed after the taxpayer s death without issuing notice to legal heirs is void ab initio. Legal heirs are not obligated to inform the Revenue about the ...

In most cases, when an NRI sells property in India, the date of registration of the sale deed is treated as the date of transfer for capital gains tax purposes ...

The gold market is experiencing significant volatility these days. Gold prices, which had reached around ₹193,000, have now ...

A Rs 30 lakh salaried employee could save over Rs 1.33 lakh annually, increasing monthly take-home by more than Rs 11,000 under the Draft Income-tax Rules 2026 ...

President Trump's promise to eliminate federal income tax on worker tips will become a reality Friday when he signs the massive budget package into law. After narrowly squeaking through the House on ...