Friday, July 3, 2020

CBDT allows Capital Gain relief to difference in Selling price and Its Fair Value [Read Notification]

The Central Board of Direct Taxes (CBDT) on Tuesday notified Income-tax (15th Amendment) Rules, 2020. The exemption is from a provision that says that if shares are sold for a discount, the difference in the selling price and its fair value will be liable for capital gains in the hands of the seller. They shall come […]

from Taxscan | Simplifying Tax Laws https://ift.tt/38osiNn

No comments:

Post a Comment