capital gain
This query is : Resolved
06 March 2009
Respected Sir,
please guide me
i have filed my return for the F.Y. 2006-2007 in february 2008 (late return)
in this return i deposit Rs 1,24,410 as capital gain on sale of residential house because i do not purchae another house or deposit into speical account.
now i purchase residential house property on installment whether i can rectified my return or otherwise to get this amount refund
please guide me
i have filed my return for the F.Y. 2006-2007 in february 2008 (late return)
in this return i deposit Rs 1,24,410 as capital gain on sale of residential house because i do not purchae another house or deposit into speical account.
now i purchase residential house property on installment whether i can rectified my return or otherwise to get this amount refund
06 March 2009
By Dear Friend,
As per the famous judgement of Kumar jagdish Chandra Sinha, a belated return can't be revised.
As per the famous judgement of Kumar jagdish Chandra Sinha, a belated return can't be revised.
07 March 2009
Since you have not purchased a residential property and not deposited the amount is CGAS, ur capital gain is subject to taxation.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- Grand in aid
- ASMT-10 received from A O
- IT returns for fresh job holders
- ITR-Capital Gain
- Traces submitting correction statement error
- Technical Glitch in ITR-4 Online Form (AY 2026-27): Sec 44AE Partner Remuneration not mapping to E8
- Residential status of non resident
- CASH GIFT FROM BLOOD RELATIVE
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
