Selling a residential property is often one of the most significant financial transactions in a person’s life. While the sale can bring in considerable financial […]
Capital Gains
Section 50 Explained: Capital Gains on Business Assets
Depreciable assets are assets that are used in the course of business or profession and on which depreciation is allowed under the Income Tax Act. […]
Navigating Tax Relief: Business Loss Set-Off Against Short-Term Capital Gains Explained
The interplay between business losses and short-term capital gains has long been a subject of scrutiny within the realm of taxation, especially when it comes […]