Computation of Taxes

CBDT Latest Updates for Taxation Rules on Goodwill

CBDT Latest Updates for Taxation rules on Goodwill

There’s an important notification for taxpayers as the CBDT has set the latest updates about new taxation rules relating to Goodwill. The Central Board of Direct Taxes (CBDT) has issued new guidelines for calculating short-term capital gains (STCG) and write down value (WDV) in cases where goodwill depreciation has been received, possibly raising tax obligations … Read more