Long term Capital gains on Mutual Fund Units transferred after 10-07-2014 (date of Budget 2014) taxable at 20%. Taxable at 10% if transferred till 10-07-2014.
Capital Gains to be Long Term for Unlisted Securities and Units of MF held for more than 36 months if transferred after 10-07-2014 (date of Budget 2014).
Resolutions passed under Companies Act 1956 during 01-09-2013 to 31-03-2014 valid till later of one year from passing or 6 months from new provision [Circular 32 of 23-07-2014].
Income Tax Department opens on 26 and 27 July, 2014 (Saturday and Sunday) for acceptance of returns during normal office hours [Order dated 24-07-2014].
Special Counters for Returns of Salaried Persons with Income up to 5 lacs at Pratayakshkar Bhawan, Civic Centre Delhi on 26, 28, 30 and 31 July.
Capital Gains to be Long Term for Unlisted Securities and Units of MF held for more than 36 months if transferred after 10-07-2014 (date of Budget 2014).
Resolutions passed under Companies Act 1956 during 01-09-2013 to 31-03-2014 valid till later of one year from passing or 6 months from new provision [Circular 32 of 23-07-2014].
Income Tax Department opens on 26 and 27 July, 2014 (Saturday and Sunday) for acceptance of returns during normal office hours [Order dated 24-07-2014].
Special Counters for Returns of Salaried Persons with Income up to 5 lacs at Pratayakshkar Bhawan, Civic Centre Delhi on 26, 28, 30 and 31 July.