Ever wondered what does it mean when people say that you can save your taxes by investing in Section 54 and Section 54F? ...

Introduction Every property held by a taxpayer, being a movable or immovable asset, is considered as a capital asset. However, some personal assets ...

Introduction Section 54F provides exemptions to a seller from capital gains tax arising from the transfer of a capital asset other than a ...

Introduction Selling of property at a profit (capital gain) is a normal phenomenon. Soon as the profits are earned, the tax gets attracted. ...