CBDT has extended the due date of Income Tax return filing by a month to 31st August 2018 from present 31st July, 2018. The following statement has been released by the Twitter handle of Minister…
Cost Inflation Index (For Capital Gains)
In case of capital gains when long term capital gain is to be computed, then, indexation comes into picture to compute the indexed cost of asset as well as indexed cost of improvement. Indexation is…
Capital Gains- Indexation, Computation, Set Off, Carry Forward
Capital Gain and exemptions under head capital gain have been dealt, now some other provisions regarding Capital gain needs to be discussed in detail. Various provisions related to indexation, computation of Capital gain, set off…