Y M Shah & Co

Resources

Treasure Space

Understanding Capital Gains: A Comprehensive Guide

Capital gains are a critical aspect of the Indian taxation system, impacting investors and taxpayers. They represent the profit earned from the sale of capital assets such as stocks, real estate, and mutual funds. This article provides an overview of capital gains as defined by the Indian Income Tax Act, including types, calculation, taxation, and strategies for managing capital gains.

Read More »
Open Post

Why you must file your income tax return?

Understand the significance of filing your income tax return and why it’s crucial for your financial well-being. Learn about common reasons to file your return, including claiming refunds, improving credit scores, and avoiding penalties. Also, discover when it’s mandatory to file your income tax return in India and get insights on TDS, TCS, and selecting the right ITR form.

Read More »