After inheriting land in 2003 and partitioning it in 2010, the sisters must determine the indexed cost for capital gains tax.

There is a view that if the house is jointly funded, capital gains from sale of such a house, should be included in the ...

How is Cost Inflation Index used in Income Tax? Long term capital assets are recorded at cost price in books. Despite increasing inflation, they exist at the cost price and cannot be revalued. When ...

Amitabh Bachchan, Akshay Kumar, Sonakshi Sinha, and Subhash Ghai sold their Mumbai flats for a combined value of ₹122 crore ...

Suppose Israelis were able to participate in Trump's construction projects, what would the anticipated Israeli tax ...

The AO initially passed an assessment order, making additions related to transfer pricing adjustments and disallowance under Section 14A. Subsequently, the assessment was reopened under Section 147 ...

Approximately 500 workers at Samsung's Sriperumbudur factory near Chennai have initiated a sit-in protest following the suspension of three employees who are part of the newly formed Samsung India ...

For those seeking retail therapy in a luxury shopping destination, Walthamstow high street probably isn’t top of the list ...

With last week’s astonishing announcement of President Trump’s “Make Gaza Great Again” idea, his tariff policy slipped down the commentariat’s priority list. But it remains of potentially enormous ...

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Since governments always operate with budget deficits, it is guaranteed that our national debt and its servicing costs will ...