Guide to .. Tax Management ,Tax Planning and Tax Saving
 

Deductions and Allowances under the head 'Capital Gains' for the Assessment Year 2018-19 & 2019-20

Section

Nature of Deduction

Who can Claim

UNDER THE HEAD ‘CAPITAL GAINS”

48

Expenditure incurred wholly and exclusively in connection with transfer of capital asset

All assessees

48

Cost of acquisition of capital asset and of any improvement thereto

All assessees

 

UNDER THE HEAD ‘INCOME FROM OTHER SOURCES”

 

57(i)

Any reasonable sum paid by way of commission or remuneration for the purpose of realizing dividend/interest on securities

All assessees

57(ii)

Repairs, insurance and depreciation of buildings, plant and machinery and furniture

Assessees engaged in the business of letting out of machinery, plant and furniture on
hire

57(iii)

Any other expenditure (not being capital expenditure) expended wholly and exclusively for earning such income

All assessees

 
 
Buy..Tax Management Book @ Rs.550 Buy..Tax Management Book @ Rs.550
 
Taxation in Business & Profession [Section 28 to 44]
Taxation in Business & Profession [Section 28 to 44]

Computation of income under the head 'Profits and Gains of Business or Professions' [Section 28 to 44]

Know more ...
 
 
Get.. Tally.ERP9 Book + GST Practical Assignment @ Rs.550 Tally.ERP9 Book Online Order Tally.ERP9 Book Content
 
Tax Computation with Assessment of Salaried Person, HUF, Individuals
Tax Computation with Assessment of Salaried Person, HUF, Individuals.

Computation of Income with Assessment Under the Head 'Salary', 'HUF', 'Individuals'.


Indivisuals
HUF
Salaried Person
 
© 2019 : IncomeTaxManagement.Com