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Tag: Tax Basis

Capital Gain on Sale of Depreciable Assets

Definition: CA Devesh Thakur Capital gains arise when a depreciable asset is sold at a price higher than its written down value. Depreciable assets include tangible...

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Comprehensive Guide to Filing GSTR-9 for FY 2023-24

Comprehensive Guide to Filing GSTR-9 for FY 2023-24 Filing GSTR-9—the...

Composition Scheme under GST

1. Objective    - The primary purpose of the Composition...

Understanding ITC for Demo Vehicles: Key Takeaways from Circular 231/25/2024-GST

key highlights from Circular No. 231/25/2024-GST: Clarification on Input Tax...

TDS Rate changes on Rental Income from 1st Oct 2024 u/s 194IB

Case 1 Tenancy period 01.04.2024 to 31.12.2024 Tenant Mr....

How to open a Zerodha Trading and Commodity Account in 7 easy steps

Zerodha is an online platform to invest in Stock...

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TDS (Tax Deducted at Source)
Financial Management

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