Legally Save Lakhs: Selling Ancestral Property: Capital Gains & Tax Exemptions (2026 Guide) Does selling an ancestral property attract tax in India? Yes, the sale of inherited or ancestral property attracts Long-Term Capital Gains (LTCG) tax if held for more than 24 months. Taxpayers can choose between a 12.5% rate without indexation or a 20% […]
Income-tax on Compulsory Acquisition of Land – A Complete Guide Compulsory acquisition of land is a subject that brings together law, tax, public policy and personal finance. For most landowners, the acquisition of their property by the Government is not a routine event. It is often sudden, involves large sums of money, and raises immediate
Income-tax on Compulsory Acquisition of Land – A Complete Guide 2025 Read More »
The Central Board of Direct Taxes has notified the Cost Inflation Index for the year 2013-14. Cost Inflation Index for 2013-14 is 939 The relevant Notification is reproduced below :-GOVERNMENT OF INDIA MINISTRYOF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION No. 40/20136/8/13 INCOME-TAX New Delhi, the 6th day of June, 2013 S.O.
Cost Inflation Index for 2013-14 Notified. Read More »
