Section 54 EC
Budget 2014: Important amendments to remember (Part I)
The Union Budget 2014 announced a slew of reforms related to income tax. In this article, I have tried to highlight some major amendments that will impact the tax-payers directly. Amendments in Capital Gain Bonds The existing provision contained in section 54EC of the Income-tax Act provides that where the Capital Gains arises from the […]
Simplification of Property tax issues
Investing in residential property forms a major investment decision for buyers in India. Due diligence should be employed while deciding on the property to invest as well as other aspects related to investment. In addition, buyers should be aware of various aspects related to their investment, especially with regards to taxes that they have to […]
