Read all Latest Updates on and about LTCG

Top

Begin typing your search above and press return to search.

Home
»
LTCG

Mutual Fund Taxation - India - Everything - taxscan

Mutual Fund Taxation in India: Everything You Need to Know in 2025

Kavi Priya

The 2025 Union Budget brought several updates to the taxation of mutual funds under the Income Tax Act. These changes are particularly relevant for...

Top Income Tax Deductions Available Under Section 80C You Shouldn’t Miss

HUF's Share Transaction Dispute Concluded as ITAT Accepts Vivad Se Vishwas Settlement [Read Order]

Allotment Date, Not Registration: ITAT’s Landmark Ruling Changes How House Property Sale Gains are...

Capital Gain - Capital Gain Tax - Long Term Capital Gain - Will Removing Long Term Capital Gain - taxscan

Will Removing Long Term Capital Gain Tax Unlock Growth? Experts Highlight 5 Key Benefits

ITAT Weekly Round - Up [Feb 1st-Feb 7th,2025]

This weekly round-up analytically summarises the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan during the previous week from February 1st to February 7th. ...

Reassessment of ₹20.19 lakh LTCG as bogus: ITAT Quashes Assessment Due to Lack of Tangible Evidence [Read Order]

The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) quashed the reassessment of ₹20.19 lakh Long Term Capital Gain ( LTCG ) as bogus due to lack of tangible evidence. Pradip Kumar Jajodia...

Addition of LTCG and Unsecured Loans Due to Lack of Documentation: ITAT Remands Matter to AO [Read Order]

The Kolkata Bench of Income Tax Appellate Tribunal(ITAT) remanded the matter to Assessing Officer (AO) involving additions of Rs. 91,26,731 as long-term capital gains and Rs. 1,57,610 under...

ITAT directs Reconsideration of LTCG Claim owing to New Evidence including Cheque Transactions [Read Order]

The Income Tax Appellate Tribunal (ITAT), Ranchi Bench, has set aside the order of the Commissioner of Income Tax (Appeals) (CIT(A)) and directed the reassessment of the long-term capital gain (LTCG)...

[BREAKING] CIT(A) directs AO to allow Income Tax 87A Rebate on STCG earlier Disallowed by Portal during Processing FY 2023-24 ITR Post-Verification [Read Order]

In a significant development, the Commissioner of Income Tax (Appeals) [CIT(A)] has ruled in favor of an appellant, directing the Assessing Officer to allow the rebate under Section 87A of the Income...

Delhi HC upholds PCIT Order overruling AO’s erroneous Land Classification in Income Tax Assessment Order [Read Order]

The Delhi High Court in a recently upheld an Order passed by the Principal Commissioner of Income Taxes, Delhi-11 ( PCIT ), ruling against the incorrect classification of an Assessee’s land by the...

ITAT deletes Rs. 6 lakh penalty u/s 271D due to bonafide claim of LTCG on part of assessee [Read Order]

The Bangalore Bench of the Income Tax Appellate Tribunal ( ITAT ) deletes Rs. 6 lakh penalty on the assessee over an alleged violation of Section 269SS of the Income Tax Act, 1961. In this case,...