Chapter IV-E of the Income Tax Act, 1961, deals with the taxation of capital gains. According to Section 45(1) of the Act, any profits or […]
Section 47(iii)
Corporate Gifting and Tax Implications: Decoding the Amendment to Section 47(iii)
Capital gains taxation is a significant part of the Income Tax Act, 1961, falling under Chapter IV-E. Section 45(1) of the Act is the charging […]