Capital gain

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SUJITH GUPTHA (Querist)
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25 July 2013 HELLO CA CLUB FAMILY,
I HAVE A LOT OF DOUBTS REGARDING FILLING CAPITAL GAIN IN ITR4,MY QUERIES ARE:
1)STCG ARISED BY SELLING OF EQUITY SHARES WHERA I SHOULD FILL IT EITHER IN 111A APPLICABLE OR NOT APPLICABLE
2)WHERE I SHOULD FILL LONG TERM CAPITAL LOSS ARISED BY SELLING EQUITY SHARES
3)WHERE I SHOULD FILL LONG TERM CAPITAL GAIN ARISED BY SELLING DEBT AND IMMOVABLE PROPERTY

THANKS IN ADVANCE

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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25 July 2013 HELLO CA CLUB MEMBER,

For transactions taken place in Stock Exchange STT is being paid by us. Such transaction can be shown as under-

Refer SCHEDULE CG -
.
Q-1
.
A. Item No 3.

From assets (shares/units) in the case of others where section 111A is applicable (STT paid)

Q2. LTCG ON SHARES : (STT Paid)
Show under Schedule for Income Exempt from tax given on last pages.

Q3.1
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LTCG FROM LISTED UNITS OF DEBT MUTUAL FUND or zero coupon bonds:
.
Case No 1- Optional
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WITHOUT INDEXATION @ 10% TAX
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SCHEDULE CG
B. 4. From asset where proviso under section 112(1) is applicable (without indexation)

Q 3.2 : FOR ALL OTHER LTCG.
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SCHEDULE CG PART B.
3. From asset in the case of others where proviso under section 112(1) is not applicable.

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SUJITH GUPTHA

SUJITH GUPTHA (Querist)
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26 July 2013 THANKS A TON CA.PARAS

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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26 July 2013 I CAN NOT BEAR THE WEIGHT OF A TON, NORMALLY. STILL I WOULD TRY MY BEST TO CARRY ON THE HEAVY LADING.
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MORE IMPORTANT- THE PURPOSE MUST BE SERVED BY WRITING.

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