Browsing: cost of acquisition

How is capital gains calculated on transfer of an under-construction property? This question arises both when the property is sold…

I want to gift my wife stocks worth ₹4 lakh. Who will bear the capital gains tax in that case?…

I am a 55-year-old retired government employee who wants to renovate my house, build another floor and lease it out…

The government recently notified the cost inflation index (CII) number for the current fiscal year, or FY2024, at 348, up…

In FY 2022-23, I sold a flat and invested a taxable portion after indexation in bonds of Rural Electrification Corporation…

Now, the ‘loan repayment’ distribution component from reits and invits need not be treated as income from other sources, as…

The budget had some terrible news for taxpayers servicing home loans. Until now, they could get tax benefit on the…

TDS is a type of advance tax paid to the government, the credit of which can be taken even though…