The Income Tax department has updated the ITR-5 in order to simplify the disclosure of Long-term capital gain from stocks, mutual funds. The Finance Bill 2018 reintroduced tax on LTCG made from listed shares and equity-oriented mutual fund. Earlier this month, the Central Board of Direct Taxes (CBDT) had relaxed the rules on how to […]
The post Income Tax Dept simplifies disclosure of LTCG from Stocks, Equity Mutual Funds Simpler, Updates ITR-5 appeared first on Taxscan | Simplifying Tax Laws.
from Taxscan | Simplifying Tax Laws http://bit.ly/2IAIZtL
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