Cost inflation index for financial year 2012-13 is 852 Income tax department has notified cost inflation index for the financial year 2012-13. Income tax department has issued a notification dated 17 September 2012 about the cost inflation index for financial year 2012-13. Cost Inflation Index Where to Use CII in Calculation of Long Term Capital […]
Capital Gain Account (First Amendment) Scheme, 2012
CAPITAL GAINS ACCOUNT (FIRST AMENDMENT) SCHEME, 2012 – AMENDMENT IN PARAGRAPHS 1, 2, 3, 4, 10, 13 AND FORMS A, C & G In exercise of the powers conferred by sub-section (2) of section 54, sub-section (2) of section 54B, sub-section (2) of section 54D, sub-section (4) of section 54F, sub-section (2) of section 54G […]
Difference between Section 54 and Section 54F
Capital Gain Deductions: Difference between Sections 54 and 54F Section 54 and 54F both talk about the Deduction in case of Transfer of Residential House being held for Long Term i.e. more than 36 months. There are many similarities as well as differences between Section 54 and Section 54F of the Income Tax Act 1956. This is why a comparison […]
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