Cost Inflation Index Table for 2020-21

Cost of Inflation Index-CII

Benefits of Cost Inflation Index Table Cost Inflation Index Table will act like a quick guide to find long-term capital gains on the properties. We account Long-Term Capital Assets at cost price in books. Even though Market Value of the Assets are going up, the assets are not revalued every year . At the time … Read more

Selling Property? Top Three Different Options to Avoid tax on long-term capital gains

Congratulations on your Sale of Capital Assets:Most people invest money in capital assets for good returns and asset creation. Let’s first understand the meaning of capital assets under Income tax. Capital assets include all kinds of properties whether movable or immovable, tangible or intangible, related to business or not. It excludes inventory and movable property … Read more