Capital gains.
This query is : Resolved
23 September 2013
effect of income tax filing while calculating capital gains ??
23 September 2013
Dear Ajay,
There is no impact. You are supposed to provide details of capital gains made during the year in the relevant ITR.
Whether you are paying capital gains tax or claiming exemption under Section any/various clauses of section 54 of the Income tax Act, is a separate issue and should be appropriately reflected in the tax return.
There is no impact. You are supposed to provide details of capital gains made during the year in the relevant ITR.
Whether you are paying capital gains tax or claiming exemption under Section any/various clauses of section 54 of the Income tax Act, is a separate issue and should be appropriately reflected in the tax return.
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
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Capital gain from sale of house property
- Transporter Declaration form
- Annual return in Gst
- Before GSTAT- APL-02 Vs APL-04
- FORM 26A APPLICABILITY
- Value of property in capital gain
- Regarding TDS Applicability For Director Remuneration
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
