
Understanding Section 112 of the Income Tax Act: Tax Implications on Long-Term Capital Gains
Discover how Section 112 of the Income Tax Act affects long-term capital gains tax rates for investments.

Do I Need to Report My Investment Income?
Learn about the necessity of reporting investment income, including dividends and capital gains, for tax compliance.

Understanding Tax Loss Carry Forward: Concept and Example Explained
Learn how tax loss carry forward works with an example to reduce future taxable income. Ideal for tax planning strategies.

Is Claiming Depreciation Mandatory for Income Tax?
Discover the requirements for claiming depreciation on assets for income tax and the impact on your capital gains.

Understanding Section 48 of the Income Tax Act: Capital Gains Explained
Learn how Section 48 of the Income Tax Act impacts the computation of capital gains and taxable income from asset sales.