S Vasudevan

Upon its enactment, the BMA opened a compliance window of three months from July 2015 to September 2015 for disclosure of assets located outside India and payment of tax of 30% and 100% of the tax as penalty.

Relief from Penalty for Small-Value Assets Under the Black Money Law: Is It Adequate?

by S Vasudevan |Sep 3, 2024

The provisions of BMA were made applicable to persons who were tax residents of India when undisclosed foreign income was earned or an undisclosed asset outside India was acquired. In essence, if an I...

Will the sun set on the capital gains tax exemption bonds under Section 54EC?

by S Vasudevan |Jan 17, 2019

Section 54EC exempts capital gains of up to Rs 50 lakhs arising from the transfer of long term capital assets. This exemption is presently available for long term capital gains arising only from t...

S Vasudevan

Relief from Penalty for Small-Value Assets Under the Black Money Law: Is It Adequate?

by S Vasudevan |Sep 3, 2024

Will the sun set on the capital gains tax exemption bonds under Section 54EC?

by S Vasudevan |Jan 17, 2019

HOT STOCKS

TOP VIDEOS