Capital gain


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Querist : Anonymous

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Querist : Anonymous (Querist)
15 July 2014 Hi,

I have capital gain for FY-13-14, if i will not file IT return for 13-14, what will happened.

even i have not taken any cap gain ac deposit the funds which were raised through sell of property.

pl suggest.

15 July 2014 then there will be penalty for not filling rteurn and not disclosing true and correct disclosure.

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 July 2014 Thanks for Valuable responses.. But I don't have capital gain Ac to show the Details Under sec 54. how could i file the Return.

15 July 2014 then u will ahve to pay capital gain.............

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 July 2014 i Think Tax would be 20% on gain. is there any alternative to save the tax amount. kindly suggest.


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