A person sold a flat in Dec-2015 and kept the proceeds in saving bank account instead of capital gain scheme account and later purchased a new flat in july 2017( within two years of sale ) for which he utilised all the amount which he kept in saving account , so is he eligible to take benifit of sec.54??
Dear Sir / Madam,
I have a query related to filling of ITR for A.Y-2017-2018 of an individual. I want to know that an individual having salary income and he also provide consultancy services and received fees after deduction of TDS form party. He has some other income related to FD interest and saving account interest as his total income.
Which ITR he should file for A.Y 2017-18 please let me know.
In A.Y-2016-2017 he has filled ITR-4 , if he now file other ITR instead of ITR-4 thus it will create any problem for him
Please let me know
Thanks & Regards
Goutam Basak
Sir,
An assess he is a salaried person, purchased 54EC bond on 31.03.2014 worth Rs. 250,000 and its matured on 31.03.2017 worth Rs 295,000.00 . I want to know the amount (295,000.00-250,000.00)= 45,000.00 i.e interest amount taxable or not? and which ITR have to file ? please help me about this matter.
A pan holder not file his ITR before 31st July 2017 after due date panalty.....
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Capital gain