Income Tax

Facebook LinkedIn Twitter Credit Suisse (Singapore) Ltd (ITA no.7262/Mum./2019) Facts: The assessee and HDFC Asset Management Co Ltd had entered into a Offshore Distribution Agreement dated 06/09/2011 pursuant to which the assessee agreed to distribute Mutual Fund schemes launched by HDFC Asset Management Co Ltd, with a view to procure Read more…

Facebook LinkedIn Twitter The government has begun discussions on bringing parity between long-term capital gains (LTCG) tax on debt, listed equities and unlisted equities, two people aware of the development said. Currently, returns from listed stocks or shares are taxed at 10% if they are held at least for a Read more…