We’ve compiled this list of 5-letter words with UTIL in them that can help you figure out the solution to any word puzzle or game, including Wordle, to help you maintain your winning streak! Word ...
Section 54 of IT Act: Section 54 under the Income Tax Act allows individuals and Hindu Undivided Family (HUF) to get tax exemptions on capital gain from selling a residential house property if the ...
Selling capital assets can lead to taxable gains, but strategic reinvestment can eliminate tax liability. Individuals and HUFs can offset long-term capital gains from property or other assets by ...
For many Indians, selling an asset, whether gold, a land, or a commercial property can trigger a hefty tax bill. But, Section 54F, a lesser-known provision of the Income Tax Act, offers a legal route ...
Abstract: In recent years, web application development has become more efficient, yet vulnerabilities still pose significant risks. Traditional static and dynamic detection techniques are prone to ...
Indian income tax laws offer exemptions on long-term capital gains (LTCG) from selling residential property and land. Sections 54 and 54F of the Income Tax Act allow individuals and HUFs to avoid LTCG ...
ITR Filing 2025: As the extended deadline of September 15 for the income tax return (ITR) filing is approaching, taxpayers are rushing to complete their tax duties for FY2024-25 (assessment year ...
Need to install Java on your Windows 11 PC for apps like Minecraft or enterprise software? Here are all the steps you need to follow to quickly run Java safely on your computer. Yes, Windows 11 ...
The case of Arun K Thiagarajan vs. CIT came before the Karnataka High Court to address a question of law regarding the interpretation of Section 54 of the Income Tax Act, 1961. The core issue was ...
Section 24 of the Income Tax Act 1961 offers substantial tax benefits for homeowners by allowing deductions on income generated from house property. Given that purchasing a home is a significant ...
Tax Deducted at Source (TDS) is applicable on the sale of immovable properties, such as land and buildings, under Section 194IA. When purchasing such property, the buyer is required to deduct the tax ...
Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. Ryan Eichler ...