Mon, Apr 03, 2017
Under the Section 10 (38), the income arising by way of a transfer of long term capital asset, being equity share in a company, shall be exempt from tax if such transfer is undertaken after 1st October, 2004.
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Sun, Mar 12, 2017
The I-T department is taking steps to plug loopholes in the law and deter people from wrongly availing capital gains benefits.
Fri, Jul 08, 2016
The figures for direct tax collection up to June, 2016 indicates net revenue collection of Rs 1.24 lakh crore which is a growth of 24.79% over the corresponding period last year.
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