Tax exemption

Understanding long-term capital asset status for allotted land after 10 years

An application was made to the housing board for allotment of a plot of land in 2014, and application money…

1 month ago

Tax exemption for trusts: Spending in India or benefit in India?

A recent decision by the Mumbai bench of the Income Tax Appellate Tribunal in the case of one of the…

3 months ago