Tag: section 112A

Denial of Registration 12AA for not spending income by trust. CIT to consider issue u/s 12AA(3) if the facts justify Registration – Supreme Court ABCAUS Case Law Citation:ABCAUS 3276 (2020) (02) SC In the instant case, a Special Leave Petition was filed by the Commissioner of Income Tax …

LTCG on equity shares-draft notification u/s 112A for withdraw of exemption u/s 10(38) of the Income-tax Act for comments/ suggestions Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 24th April, 2018 PRESS RELEASE Notification under section 112A as inserted by …

CBDT FAQ on taxation of LTCG on sale of equity shares u/s 112A as per Finance Bill 2018 proposals. The FAQ contains 24 questions and answers with examples Central Board of Direct Taxes (CBDT) has issued a Frequently Asked Questions (FAQs) regarding taxation of long-term capital gains proposed …