CBDT extends due dates for filing of Income Tax Returns and various reports of audit for Assessment Year 2021-22

Posted On: 09 SEP 2021 7:24PM by PIB Delhi   On consideration of difficulties reported by the taxpayers and other stakeholders in filing of Income Tax Returns and various reports…

Continue ReadingCBDT extends due dates for filing of Income Tax Returns and various reports of audit for Assessment Year 2021-22

TAXABILITY OF CAPITAL GAINS IN THE HANDS OF PARTNERSHIP FIRMS/AOP/BOI AFTER FINANCE ACT,2021 AMENDMENTS

1.    POSITION BEFORE FINANCE ACT,2021 AMENDMENT   Sec 45(4): Transfer of capital asset by firm to the partner:   Earlier, Section 45(4) of the Income tax Act,1961 (“the Act”) provided…

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