MJS Blog

Start-up India Recognition

On January 16, 2016 the government of India launched the Start-up India Initiative. This was undertaken in order to support entrepreneurs, create vigorous start-ups ecosystem as well as shift India towards creating jobs rather than seeking them. The...

Rules of Taxation of Private Family Trust

*Section 54: Capital Gains on Sale of Residential Property and investment in a Residential Property *Section 54F: Capital Gains on Sale of Long Term Capital Asset other than Residential Property and investing in a Residential Property **Section 54...

Taxation of Trading in Future & Options

This article is about how trading in derivatives is to be treated under the Income tax. Derivative trading (trading in future and options or F&O on stocks, currencies, and commodities) has become a hot topic amongst investors. Unfortunately,...

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