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Direct & Indirect Tax Updates

Public·4 Updated People
Shubham Toshniwal
June 15, 2021 · joined the group.
adi khandal
June 6, 2021 · joined the group.
Ankit Maheshwari
June 2, 2021 · changed the group description.
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Welcome to the group! We will post regular update about Tax on this group

Income Tax

1) CBDT has notified the rule 11UAE for computation of

Fair Market Value of Capital Assets in case of slump

sale (section 50B) made by the assessee. Two FMV shall be

calculated under this rule and higher of these shall be

considered for taxability.


Ankit Maheshwari

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Welcome to the group! We will post regular update about Tax ...
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