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The Income Tax Act, 2025 UNION OF INDIA India The Income Tax Act, 2025 Act

Section 2 in The Income Tax Act, 2025 2. Definitions. In this Act, unless the

fair market value for section 26(2)(j). 23. Capital asset, being an Electronic Gold Receipt issued by a Vault Manager, which became the property ... gold for the person in whose name Electronic Gold Receipt is issued. 24. Capital asset being gold released against an Electronic Gold Receipt, which became

specified entity on the date of such receipt; C = amount of fair market value of the capital asset received by the specified person from ... specified entity on the date of such receipt; and D = amount of balance in the capital account (represented in any manner) of the specified person

income from Global Depository Receipts purchased in foreign currency or capital gains arising from their transfer. (1) Where the total income of an assessee, being ... computation of long-term capital gains arising out of the transfer of long-term capital asset, being Global Depository Receipts referred to in sub-section

Section 8 in The Income Tax Act, 2025 8. Income on receipt of capital asset or stock-in-trade by specified person from specified entity ... fair market value of the capital asset or stock-in-trade, or both, on the date of its receipt by the specified person shall

amongst the parties to the arrangement— (i) any accrual, or receipt, of a capital nature or revenue nature; or (ii) any expenditure, deduction, relief ... treated as debt or vice versa; (b) any accrual, or receipt, of a capital nature may be treated as of revenue nature or vice versa

fund. Any person. 10% 12. Any income by way of long-term capital gains arising from the transfer of units referred to in section ... income by way of long-term capital gains arising from the transfer of bonds or Global Depository Receipts referred to in section

converted banking company; (p) of a capital asset, being bonds or Global Depository Receipts as referred to in section 209(1), made outside India ... paid or payable in foreign currency, and such capital asset is— (i) bond or Global Depository Receipt referred to in section

income from bonds or Global Depository Receipts purchased in foreign currency or capital gains arising from their transfer. (1) The income-tax payable ... long-term capital gains arising out of the transfer of long-term capital asset being bonds or Global Depository Receipts referred to in sub-section