Capital Gains Tax - Law and Practice

Capital Gains Tax – Law and Practice is a comprehensive reference book on legal and practical aspects of short-term and long-term capital gains taxation under Chapter IV(E) of the Income-tax Act, 1961. This seventh edition is thoroughly revised and updated to reflect the amendments introduced by the Finance Act (No. 2), 2024. This book will offer immense value to tax professionals, enforcement officers, judicial officers, and researchers scholars.

Salient Features of Capital Gains Tax – Law and Practice

• Discusses the provisions of Finance (No. 2) Act, 2024 with illustrations
• Analyses judicial decisions in detail
• Incorporates Notifications, Circulars and Schemes up to 31st August 2024
• Focuses on provisions relating to shares, securities, and business restructuring transactions
• Extensively covers Real estate transactions (incl. JDA)
• Examines capital gains w.r.t. international transactions & non-residents
• Clarifies grey areas in the practice of capital gains tax through author’s incisive inputs