MSA Insights: Articles, Resources & Updates

Purpose: Due to the significant rise in number of appeals pending disposal under Income Tax,...

Section 54 is applicable when an individual/HUF sells a residential property and buys another residential...

Who can Claim: This section is only applicable for Individual assessee  Conditions to claim Exemption: ...

An investor in mutual funds usually makes profit by way of capital appreciation and dividend...

Investing in share and mutual funds are new way of investing as these instruments provide...

The section 55(2) (ac) is referred as Grand Fathering provision. Before going into the topic...

Donation is a noble task. In order to do favour for the Kind heart persons...

Introduction: Transmission of Shares: The word ‘transmission‘ means devolution of title of shares otherwise than...

Section 10(10)D of the Income Tax Act, 1961: As per Section 10(10D) of the Income...

Introduction Due to the impact of rapidly increasing foreign trade and commerce, cross border transactions...

STEP 1: Reservation of Unique Name (Web Form): The first step in the incorporation of...

Introduction As per section 2(42C) of Income -tax Act 1961, ‘slump sale’ means the transfer of one...