deductions tagged posts

Deductions Under Head Capital Gain

Category: InvestmentsTax Planning Comments: No comments

Deductions Under Head Capital Gain

Meaning of Capital Gain has already been explained in one of the previous articles on this site, now we come to a part where deductions available under this head is dealt with. Deductions as we all know is a sum which is reduced from the amount of tax or taxable amount, in order to provide a benefit or relief to the assessee on whom the tax or taxable amount is computed...

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Capital Gain Tax

Category: InvestmentsMutual FundsStock & SecuritiesTax Planning Comments: No comments

Capital Gain Tax

Capital gain is one of the heads of sources of income for an individual, but it is also the head about which an individual knows the least. Various exemptions, computation and carry forward and set off of losses of this capital gain tax head is not known in general, due to which many people are unable to get the maximum benefits available under this head. This article focuses on the way to compute long term and short term capital gain and derive the best possible use of provisions in this head.

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