Capital Gains Tax Law and Practice

Capital Gains Tax – Law and Practice comprehensively covers legal and practical aspects governing the taxation of short-term and long-term capital gains as provided under Chapter IV(E) of the Income-Tax Act, 1961. The sixth edition has been thoroughly revised and updated in view of amendments brought in by the Finance Act,2023. Key Features - Written in a simple and lucid language. Practical scenarios and illustrations discussed for better understanding. Judicial pronouncements have been examined and mentioned as appropriate. Incorporates all relevant Notifications, Circulars and Schemes up to 30th June 2023 All relevant circulars and notifications have been reproduced under the appendices. Detailed analysis of capital gains relating to shares, securities, and Business Restructuring transactions. Provisions relating to Real estate transactions (including JDA) are covered extensively. Apex Court decisions/interpretations are appropriately highlighted and considered. Provisions relating to international transactions and Non-residents are covered comprehensively. Appropriate suggestions provided on Controversial provisions to reduce/avoid litigation.