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.