Daily Archives: June 14, 2017

Final Notification u/s 10(38)

Posted on June 14, 2017

The Finance Act, 2017 (“FA 2017”) brought an important amendment to section 10(38) of the Income‑tax Act, 1961 (“the Act”) to provide that exemption of Long Term Capital Gains (‘LTCG’) under this section arising on transfer of equity shares acquired … Continue reading →

Posted in Direct Tax |