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Mutual Fund withdrawals invested in Villa and Bank eligible for S. 54F Deduction: ITAT [Read Order]

The Bengaluru bench of ITAT in ACIT v. Sunil Bandacharya Joshi held that the assessee is entitled to get income tax deduction on the mutual fund...

Trading in Shares/Mutual Funds is not ‘Business’ if Revenue has been treating same as Investment in...

Benefit of S. 11 would not be denied on the Entire Income of Trust on Ground of Investments in...

Gains from Purchase and Sale of Shares and Mutual Funds are Taxable under the head ‘Capital Gains’:...

Income from Sale of Shares and Mutual Funds are ‘Capital Gain’ though the Assessee involved in...

Provident Fund withdrawal is taxable if it is done without rendering continuous service for 5 years

Q: I am Savita. Five years ago, my husband has purchased a house in my name. We are going to sell it.I would like to know upon whom the tax liability arise. I am a home maker and I don’t have any...