Capital gain

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Querist : Anonymous

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.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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15 July 2014 then there will be penalty for not filling rteurn and not disclosing true and correct disclosure.

Querist : Anonymous

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.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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15 July 2014 then u will ahve to pay capital gain.............

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Querist : Anonymous

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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