Cost of Acquisition - My Tax Support

“How to Handle Taxes on Bonus Shares and Share Buybacks”

Bonus shares and share buybacks are unique methods of rewarding shareholders. Under the Income Tax Act, 1961, these transactions are subject to specific tax treatments to ensure compliance and fairness. While bonus shares represent additional shares issued to shareholders,

What Are the Special Rules Under Section 55 for Determining the Cost of Acquisition and Improvement When the Property Is Transferred to the Assessee Through Gifts or Inheritance?

When an individual acquires property through gifts or inheritance, the cost of acquisition and improvement for capital gains tax purposes is calculated differently than for properties purchased directly. This is governed by the provisions under Section 55 of the

How Capital Gains taxed, when Complete Building Sold, Floor-by-Floor?

When an asset, such as land or a building, is sold in parts, such as a land parcel divided into multiple plots or a building sold floor-by-floor, the capital gains tax treatment can become more complex. Unlike a simple

Capital gains tax apply in cases where there is an acquisition of capital assets through an inheritance Section 49(1)? Complete Guide

The acquisition of capital assets through inheritance or bequest is a common event that has specific implications under capital gains tax rules. In India, the taxation of capital gains on inherited assets is governed by Section 49(1) of the

“Section 45(2): What Happens When a Capital Asset is Converted to Stock-in-Trade?” Complete Guide

The Income Tax Act, 1961 contains provisions that help govern how various assets are taxed when they are transferred or converted. Section 45(2) specifically addresses the scenario where a capital asset is converted into stock-in-trade. This provision is crucial

How is capital gain calculated the complete under Section 48, and what deductions are available in the calculation?

Capital gains tax is an essential part of the income tax framework, impacting individuals and businesses who sell or transfer capital assets. Under Section 48 of the Income Tax Act, 1961, the calculation of capital gains is defined, and

Tag: Cost of Acquisition

What Are the Special Rules Under Section 55 for Determining the Cost of Acquisition and Improvement When the Property Is Transferred to the Assessee Through Gifts or Inheritance?

How Capital Gains taxed, when Complete Building Sold, Floor-by-Floor?

Capital gains tax apply in cases where there is an acquisition of capital assets through an inheritance Section 49(1)? Complete Guide

“Section 45(2): What Happens When a Capital Asset is Converted to Stock-in-Trade?” Complete Guide

How is capital gain calculated the complete under Section 48, and what deductions are available in the calculation?

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Tag: Cost of Acquisition

“How to Handle Taxes on Bonus Shares and Share Buybacks”

What Are the Special Rules Under Section 55 for Determining the Cost of Acquisition and Improvement When the Property Is Transferred to the Assessee Through Gifts or Inheritance?

How Capital Gains taxed, when Complete Building Sold, Floor-by-Floor?

Capital gains tax apply in cases where there is an acquisition of capital assets through an inheritance Section 49(1)? Complete Guide

“Section 45(2): What Happens When a Capital Asset is Converted to Stock-in-Trade?” Complete Guide

How is capital gain calculated the complete under Section 48, and what deductions are available in the calculation?

Explore

Contact

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