Description
Commercial Law Publishers India Pvt Ltd Computation Of Income From Capital Gains (Under Indian Tax Law) (Third Edition) by Ram Dutt Sharma
Lack of awareness amongst taxpayer is often cited as the main reason for low level of Compliance towards tax laws. It is my constant Endeavour to increase the awareness of tile taxpayers about the provisions of tax laws and the steps taken by the government to reduce the complexities of tax laws and improve Tax Payer Services. Income from capital gains is one of the important heads of income under the Income Tax Act, 1961, Our earlier publications i,e, “Taxation of Non-Resident Indians” under the Indian Income Tax Law and “Computation of Income from Salary” have proved to be an effective and convenient tool to educate the taxpayers in discharge their tax liabilities relating to direct taxes Our work revolves around us creating assets and wealth in a bid to lead a more comfortable lifestyle, Asset creation is a hard task in itself, involving time and effort but the end results are often worth the toil and sweat. As citizens of India it is our duty to pay taxes on our wealth, which includes assets as well, and Capital Cain refers to the profit which one gets when he/ she transfers a capital asset. Quite often, people dispose of their movable and immovable asset, but due to lack of knowledge about the provisions of law, they are not aware about their liability towards Capital Gains Tax, This book titled “Compute Your Taxable Capital Gains” under Income Tax Law.
About the Author
Ram Dutt Sharma was born on 27th June, ?1958 in Narnaul, haryana. He got his post-graduation from M.D. University, Rohtak in 1980. he joined the income tax Department in the ?year ?1983 and presently working as Income Tax Officer in
Faridabad, He worked at various station of North-West Region of Income Tax Department. he ?has wide experience of a 11 wings of Income ?fax Department such as assessment unit, Special Range, ?1?DS Wing, investigation Wing, intelligence
and Criminal] Investigation etc. I?le has been contributing articles and addressing on topics relating to income ?Tax at Direct Tax, Regional Training Institute, Chandigarh. He has also addressed number of seminars organized by the Income
_ tax Department, Chartered Accountants, Advocates and various Trade Associations