This analysis explains capital asset definition, computation rules, and exemptions under the Income-tax Act. Landmark Supreme Court rulings clarify when capital gains can and cannot be ...

In the original draft of the Income-tax Bill, 2025, the savings clause provided that any capital losses -- long-term or short ...

India is set to witness one of the most significant tax reforms in decades. Starting April 1, 2026, the Central Government ...

While the Bharatiya Sakshya Adhiniyam follows the rule that the asserting party must prove its claim, Section 155 of the CGST Act places the burden of proving ITC eligibility on the ...

Learn about the Indian Employment Credit, a tax initiative rewarding companies for hiring enrolled tribe members or spouses on reservations, up until 2021.